RioCan sells 50% stake in Westgate apartment development
Deal equates to $51 per square foot of buildable gross floor area and is part of a larger divestment of its interest in Ontario real
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Minto Apartment REIT’s Julie Morin named Ottawa’s CFO of the Year
Veteran executive played a key role in the creation of a real estate investment trust now valued at $2 billion.
Nine-storey mixed-use building part of developer’s proposed new Stittsville subdivision
Plan calls for 175-unit condo complex with retail space on the ground floor as well as hundreds of other condos, townhomes and single-detached dwellings at
Ottawa commercial tax rates remain among Canada’s highest: Altus Group
Firm says businesses in Ottawa pay an estimated $26.64 in property taxes per $1,000 of a property’s assessed value, the fourth-highest rate among country’s major
Explore the top local business stories of the week.
Ottawa’s retail real estate market positioned for quick rebound: JLL
With relatively little new retail space under construction that’s poised for an imminent delivery, the storefronts currently being vacated should be quickly absorbed once the
Rideau Lakes launches $5.8M broadband expansion
Thousands of homes and businesses could soon face shorter waits to download content off the internet under partnership with local service provider.
Ottawa’s economy to shrink 5.7% in 2020 before rebounding next year: Conference Board
Think-tank says the local economy “will not escape the impacts of the COVID-19 pandemic.”
No parking, no problem: Developer targets transit users with new Cyrville midrise
TCU Development Corp.’s plans for six-storey project near St. Laurent Shopping Centre call for 116 suites and ground-floor commercial space.
Demand for hand sanitizer sparks $75M expansion of Johnstown plant
Greenfield Global says new space will allow facility to produce an additional 100 million litres a year of medical-grade alcohols and solvents.
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