Real Estate

Half-empty office buildings don’t translate into green energy savings, report finds

While hybrid work has left many office buildings — including ones in Ottawa — partially empty for extended periods, researchers from Carleton University say having fewer people around doesn’t necessarily result in the kind of energy saving you might expect. 

St. Brigid’s Centre for the Arts seeks to create 500-person events space in former Catholic church

In an application filed last month, St. Brigid’s Centre for the Arts says it needs to raise more revenue to fund work that would address what it calls the building’s “growing heritage infrastructure deficit.”

Rate cut good news – but finding labour could be a ‘challenge’, Colonnade BridgePort CEO says

Colonnade BridgePort CEO Hugh Gorman said Wednesday that interest rates are “trending in the right direction” after the Bank of Canada cut its benchmark rate by half a percentage point to 3.75 per cent.

Colonnade BridgePort files proposal for 22-storey mixed-use tower near Westboro LRT station

Colonnade BridgePort’s site-plan application for the development on Scott Street near Island Park Drive says the proposed building would include 244 dwelling units and 91 underground parking spaces.

‘Buyers are tired of being on the sidelines’: Sales of new homes tick up in Ottawa in September

Sales of new homes are up this year compared to 2023, causing the Greater Ottawa Home Builders’ Association to predict a “positive tone” for the market going into the new year.

Toronto real estate investment fund purchases four student housing properties in Ottawa

Forum Asset Management announced Wednesday that its Real Estate Income and Impact Fund is acquiring Alignvest Student...

CREA lowers housing market forecast for 2024 amid ‘holding pattern’ for home sales

The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year...

Slate Asset Management to divest Ottawa office portfolio as firm looks to ‘focus on essential real estate’

Slate Asset Management has reached a deal to sell its interest in 11 office properties in Toronto...

Huntington Properties targets ‘activity-based’ tenants for newly acquired Rideau Street building

Huntington Properties purchased the three-storey building at 135 Rideau St. from LaSalle Investment Management last week for $8.5 million.

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