City’s retail market hit hard by Target, Future Shop departures: report
Ottawa’s retail market has yet to recover from the departures earlier this year of Target Canada and Future Shop, according to Cushman & Wakefield’s second-quarter
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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.
Ottawa housing market steady in July: OREB
Sales in July were a near carbon copy of the same month in 2014 for members of the Ottawa Real Estate Board, its president said
Ottawa Art Gallery expansion, Arts Court redevelopment construction begins
Construction officially began Wednesday on the Ottawa Art Gallery expansion and the Arts Court redevelopment. The city announced it had closed an agreement with the consortium
InterRent REIT making “positive strides”: CEO
InterRent REIT’s second-quarter gross rental revenue increased 29.6 per cent from the same period a year earlier, the Ottawa-based company said Wednesday. “Our customer centric
Morguard proposes new hotel, apartment at 361 Queen St.
After 18 months of speculation about what will happen to one of Ottawa’s prime downtown real estate properties, developer Morguard says it is proposing to
Class A, Class B vacancy rates hit 6.5 per cent downtown: market survey
Downtown Ottawa’s Class A and Class B office buildings continue to see their vacancy rates rise, according to the Newmark Knight Frank Devencore Real Estate
ByWard Market’s Mercury Court sells for $22 million
A private investor has purchased a landmark ByWard Market property for $22 million, Primecorp Commercial Realty announced late Tuesday. Mercury Court is a 51,459-square-foot, three-storey
Ottawa house prices up slightly in Q2: Royal Lepage
The price of a home in Ottawa climbed slightly in the second quarter according to the Royal LePage House Price Survey and Market Survey Forecast released
Apartment starts rebound in June, boosting capital’s overall housing starts: CMHC
After a sluggish May, apartment starts in the capital were back on track in June, according to the latest numbers from the Canada Mortgage and
Downtown, Kanata office vacancies falling, Colliers says
An upswing in private-sector growth is translating into good news for the city’s downtown and Kanata office markets, according to the latest report from Colliers
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