Real Estate

Regional Group acquires Corel’s former headquarters on Carling Avenue

Regional Group has acquired Corel’s former headquarters on Carling Avenue, adding one of the city’s most recognizable...

New Ottawa home sales rise 58% in March as pent-up demand drives market: GOHBA

New home sales continue to rise in the National Capital Region compared with a year ago, the...

‘It’s been a fun career’: Michael Church leaving top job at Avison Young – but not retiring

The leader who oversaw Avison Young’s rise from a one-person shop to one of the largest commercial...

Solving shortage of construction workers key to housing growth: experts

Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand.

Feds’ pledge to speed up office offload means they’re ‘not coming back’ downtown: broker

The federal government’s pledge to invest $1.1 billion over the next 10 years to divest its office holdings more quickly is the final “nail in the coffin” for any hope the region’s largest employer will reclaim most of its pre-pandemic real estate footprint in downtown Ottawa, a prominent local commercial broker says.

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.

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