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.

Colonnade BridgePort expands into Atlantic Canada with two new offices

Real estate investment and management firm Colonnade BridgePort has expanded into Atlantic Canada, opening new offices in...

City’s industrial availability rate to hit 4.4% in 2024 as new inventory floods market: CBRE

Ottawa’s industrial availability rate is expected to jump to 4.4 per cent by the end of 2024...

Morguard sells CBC headquarters building at 181 Queen St. to PSPC for $125.3M

Southern Ontario-based developer and property manager Morguard had owned the 11-storey, 275,000-square-foot office building at 181 Queen St. since it opened in 2004.

Minto Apartment REIT’s revenues rise in 2023 as demand for suites grows

Minto Apartment REIT’s revenues rose in 2023 as rents increased and more of its suites were occupied...

Ottawa home sales rise 15% in February, but ‘affordability remains out of reach for many’: OREB

Ottawa home sales rose 15 per cent in February compared with the same month a year ago,...

Consumer spending in National Capital Region expected to drop in 2024, new reports say

Retail sales are expected to level off in Ottawa this year as budget-conscious consumers cut back on...

InterRent REIT posts gains in key financial metrics as occupancy rate hits ‘optimal’ 97%

InterRent REIT reported gains in most key financial metrics in the fourth quarter of 2023 as the...

Ottawa’s downtown office vacancy rate to hit 15% in 2024, CBRE predicts

In its 2024 Canadian market outlook released this week, CBRE predicts Ottawa’s overall office vacancy rate will hit 14.1 per cent before the end of the year, up from 13.3 per cent in December 2023.

Colonnade BridgePort targets 2025 start for Pickering Place, Scott Street projects

Colonnade BridgePort chief executive Hugh Gorman says the company has “five to 10 years’ worth” of multi-residential development projects in its pipeline and hopes to get a few of them off the ground later this year or early in 2025.

City committee to consider Smart Living’s nine-storey Nelson Street proposal

Smart Living Properties plans to construct a nine-storey building with 421 rental apartments at 112 and 134 Nelson St., just north of Rideau Street and a block east of King Edward Avenue.
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Ottawa is evolving fast. Key developments are impacting all sectors and sizes of business, from AI, innovation and talent to city building and global competitiveness. Who’s making sure business has a strong voice at every decision table? The Ottawa Board of Trade. Join the Ottawa Business Journal publisher Michael Curran and OBOT president and CEO Sueling Ching for a dynamic conversation about how OBOT is shaping Ottawa’s economic future, and how business leaders can leverage their network, influence, and momentum to grow. What you will learn: -- How OBOT advocacy helps shape pro-growth policy, investment, and city-building decisions that strengthen the region’s economy. -- The tables, events, and networks where decision-makers meet, partnerships form, and ideas become action. -- How OBOT equips businesses with visibility, market intelligence, influence, and relationships that drive growth year-round.
Ottawa Board of Trade: Powering Ottawa’s Future to Influence to Connect to Grow

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