Real Estate

Minto Apartment REIT sells Nepean-area properties for $86M

Minto Apartment REIT has sold two properties to Ottawa Community Housing Corp. for $86 million as the...

Smart Living Properties proposes nine-storey mixed-use complex on ‘iconic’ Bank Street stretch

Smart Living Properties has filed a proposal to tear down the bulk of the existing two- and three-storey commercial buildings at 178 Nepean St. and 219 and 223 Bank St. and replace them with a mixed-use complex featuring 263 rental suites and nearly 11,000 square feet of ground-floor retail space.

Ottawa hotel among 14 properties Morguard selling for $410 million

A west-end Ottawa hotel is among 14 lodgings Morguard Corp. is selling to an undisclosed buyer for...

Economists see ‘turning point’ in housing market this year as interest rate cuts loom

After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024.

Ottawa home sales rise in December as OREB hopes ‘consumer confidence is returning’

Ottawa home sales ticked up slightly in December compared with a year earlier but were still well...

Crown Realty adds to Ottawa holdings with acquisition of five-building industrial portfolio

Crown Realty Partners purchased the 205,251-square-foot portfolio last month on behalf of its fifth value-add fund. Terms of the deal were not disclosed.

‘Darkest before dawn’: Another tough year for office REITs but opportunities may lurk

It's poised to be another challenging year for office REITs, but some money managers say there could be decent entry points in the sector for long-term investors.

Koble co-founder Marc Morin launches new commercial real estate brokerage

Morin, one of Ottawa’s leading brokers of office and industrial space, didn’t wait long to launch his latest venture after he and former business partner Graeme Webster dissolved their previous company, Koble Commercial Real Estate, last month.

District Realty CEO says no immediate plans for redevelopment at City Centre

Hintonburg’s Orange Art Gallery will vacate its space at 290 City Centre Ave. at the end of December after the building's landlords did not renew its lease, leading other tenants and nearby residents to speculate about plans for redevelopment of the site.

Ottawa home prices expected to rise 4.5% in 2024 as pent-up demand grows: Royal LePage

Royal LePage is forecasting the aggregate price of an Ottawa home will rise 4.5 per cent year-over-year...

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