Toronto’s Nexus Industrial REIT acquires new Ford distribution centre in Casselman for $117M
Located just south of Hwy. 417 about 56 kilometres southeast of Ottawa, the facility is slated to open this spring and will serve as 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.
Ottawa-Gatineau’s annual rate of housing starts up 725% in February: CMHC
Ottawa-Gatineau’s annual pace of housing starts jumped a whopping 725 per cent in February, the Canada Mortgage and Housing Corp. said Wednesday, reversing months of
Canadian home sales drop 40 per cent in February compared with year ago
The association says February sales were comparable to what was recorded during the same month in 2018 and 2019, before the COVID-19 pandemic.
February home sales show glimmer of hope for sellers, OREB reports
Ottawa’s housing market showed signs of balancing out in February and could even swing back to a seller’s market if current trends continue.
Downtown office vacancy rate could soar to nearly 14% in 2023: CBRE
The firm expects more tenants will look to downsize this year as they rethink their office requirements, resulting in more sublease space coming on the
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