Demand for small-bay space continues to fuel Ottawa industrial market, brokerage firms say
Tenants continued to snap up smaller industrial spaces at a steady clip in the first quarter of 2024, new figures show. The city’s industrial availability
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Real Estate
Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
District Realty to convert Elgin Street office building to residential units
District Realty plans to redevelop an 11-storey office building at 200 Elgin St. into a multi-residential complex, real estate firms CBRE and Colliers said in
Ottawa continues to trail other major Canadian cities in office occupancy: Colliers
Citing data from research agency Environics Analytics, Colliers Canada said Tuesday that Ottawa’s office occupancy rate is currently at 54 per cent of pre-COVID levels.
Housing starts stable in 2023, but demand still outpaces growing supply of apartments
The agency says combined housing starts in the Toronto, Vancouver, Montreal, Calgary, Edmonton and Ottawa regions dipped 0.5 per cent compared with 2022, totalling 137,915
Business leaders say housing biggest risk to economy: KPMG survey
Business leaders see the housing crisis as the biggest risk to the economy, a new survey from KPMG Canada shows.
Local homebuilders praise province’s $1.8B funding injection for housing infrastructure
The provincial government’s pledge this week to invest more than $1.8 billion to help build at least 1.5 million homes across Ontario by 2031 will
National home sales in February up nearly 20% compared with year ago
The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.
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EXPERT BLOGS
Didn’t we just do this? More changes coming to the Ontario Construction Act
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