Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
The Ontario Superior Court of Justice last week appointed Grant Thornton Limited as receiver and manager of the assets of a portion of Ottawa Train Yards on Industrial Avenue.
Bill Leonard, the NCC’s vice-president of real estate and development, said new tenant Live Nation Canada’s plan to use the building to host a variety of live events will be the “first step” in a much-anticipated campaign to revitalize Ottawa’s downtown core.
New home listings soared in the capital last month, but demand failed to keep pace as sales declined from the previous year in what has been an “unsteady” spring housing market, the Ottawa Real Estate Board says.