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.

Claridge proposes 14-storey hotel in ByWard Market

Non-Residential

Claridge Homes has officially applied to convert a ByWard Market office building into a hotel. The developer has submitted an application to the city requesting

Ottawa home prices to rise 1.3% in 2013: Royal LePage

Residential

Ottawa home prices will rise at a rate slightly higher than the national average in 2013 despite a slowdown in the first part of the

Office vacancy rate climbs to 8.5%

Non-Residential

Tenants in Ottawa’s office market are opting for renewals and relocations, rather than growth and expansion, causing an increase in vacancy rates, according to a

Ethics exam required for SNC Lavalin’s LRT consultants

Construction

Consultants hoping to work with one of the lead companies on the City of Ottawa’s $2.1-billion light-rail line will have to complete an ethics exam.

Real estate market cools in December

Residential

Home sales in Ottawa dropped 11 per cent year-over-year in December, which meant the local real estate market finished the year slightly behind 2011 levels,

BTB buys Brewer Hunt buildings

Non-Residential

A growing real estate investment trust says it’s closed its purchase of a Kanata office complex, the latest in a string of acquisitions in the

New Minto CEO says he’ll stay the course

Residential

One of Ottawa’s largest real estate firms will mark the end of an era in 2013 when Roger Greenberg, the long-time CEO of The Minto

Deal of the year: Centennial Towers sale sets record

Non-Residential

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

Home prices fall 0.5% in November

Residential

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?

Construction

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