Real Estate

Deal underway for sale of Yangtze in Chinatown; likely to continue as restaurant, local sources say

The property that has been home to the Yangtze Restaurant for more than 40 years is in the process of being sold and is expected to continue as a restaurant under new ownership, the local BIA says.

Claridge Homes proposes ‘landmark’ tower, public park near Canadian Museum of Nature

Claridge Homes wants to raze several residences and office buildings to make way for a project that...

Colliers’ office leasing transactions ‘back to levels of 2019,’ exec tells industry insiders

Warren Wilkinson, Colliers’ senior managing director in Ottawa, said this week the firm has already brokered 23 office lease transactions so far in 2024 and expects to top 80 before the year is out.

Former CBRE executive Brandon Yuke joins Proveras Commercial Realty

Brandon Yuke has joined Proveras Commercial Realty as a principal, the firm announced this week.

Brigil seeking approval to build nearly 2,000 residential units in Kanata North

In a planning application filed with the City of Ottawa, Gatineau-based Brigil says the proposed development just northwest of the Marshes Golf Club on March Road would include five separate zones of residential development for a total of 1,908 units in buildings as tall as 15 storeys.

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market — but don't expect a big surge just yet.

Ottawa housing rebound continues as sales, prices rise in March: OREB

OREB said 1,165 homes changed hands last month. A total of 2,678 homes were sold in Ottawa through the first three months of 2024, a 13.1 per cent increase from the previous year.

Ottawa home prices expected to approach 2022 levels by end of year: CMHC

Ottawa home prices are expected to approach peak levels last seen in 2022 by the end of...

Demand for small-bay space continues to fuel Ottawa industrial market, brokerage firms say

Tenants continued to snap up smaller industrial spaces at a steady clip in the first quarter of...

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