Deal of the year: Centennial Towers sale sets record
Lease signalled challenges facing landlords A government-occupied office tower on the western edge of downtown Ottawa was a central fixture in both the city’s leasing
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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.
Home prices fall 0.5% in November
Ottawa home prices fell for the third straight month in November, according to a survey released Wednesday, as further evidence emerged that the market across
Did stimulus spending save Ottawa’s economy?
The financial meltdown of 2008 brought phrases such as “stimulus” and “shovel-ready” to the forefront of the business lexicon, along with injecting $401 million into
Sun Life LRT station ‘not cast in stone’
Plans to link the city’s underground light-rail tunnel with the atrium of the Sun Life Centre are far from finalized, says the general manager of
Minto paid $94.55M for Craig Henry community: records
Recently published data shows one of the city’s largest residential landlords paid $94.55 million for a multi-residential and commercial portfolio in Nepean. Minto announced its
Rental vacancy rate climbs to 2.5%: CMHC
Increasing home ownership levels combined with the city’s condo construction boom helped ease Ottawa’s residential rental rate in 2012, according to data released Thursday. The
Commercial property assessments soar
The rush by developers to build up land inventories is causing a spike in the value of Ottawa parking lots, according to one local real
Office vacancy rate to inch up in 2013
Meagre economic growth combined with ongoing government austerity will cause local office vacancy rates to edge up slightly next year, according to a new report.
Despite a slowdown in November, home construction activity in Ottawa in 2012 is expected to outpace the number of units built last year, according to
‘Puzzle’ parking garage to be built in Ottawa
Ottawa will soon be home to one of the first sliding puzzle parking systems in Canada when the system is installed in the Eddy, a
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