Office vacancy rate climbs to 8.5%
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
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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.
Ethics exam required for SNC Lavalin’s LRT consultants
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
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
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
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
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
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
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