Real Estate

Retail spending expected to rise ‘significantly’ in 2024 as inflation eases, Morguard says

Morguard expects retail spending in Ottawa to “increase significantly” next year as anticipated declines in inflation and...

Builder confident three-tower Baseline Road project will go ahead despite shadow concerns

An Ottawa developer says he remains optimistic his plan to build a series of highrises along Baseline...

Ottawa firm proposes ‘build-to-suit’ industrial complex in Vars as demand for space rises

An Ottawa firm led by well-known construction entrepreneur John Bassi is launching a new industrial development east...

Katasa seeks approval to build 22-storey mixed-use highrise at Bronson and Carling

Katasa Group – which recently acquired a pair of office towers on Slater Street in one of the city’s biggest real estate deals this year – has applied to construct two buildings on a vacant 1.1-acre site at the southwest corner of Carling and Bronson avenues.

Fiscal update includes loans for housing developers, affordable housing fund: source

Finance Minister Chrystia Freeland is set to present the fall economic statement on Tuesday, a document that will make billions in loans available for homebuilders and earmark a fund for affordable housing.

City committee OKs plan to expand Andaz Hotel with new 16-storey building

A city committee has given Claridge Homes the green light to build a 16-storey addition to the...

Annual pace of housing starts in Ottawa-Gatineau down 11% in October: CMHC

Canada Mortgage and Housing Corp. says the annual pace of housing starts for October ticked up from September.

Home sales slow in October as many buyers have already ‘gone into hibernation’: CREA

Home sales in Canada last month ticked up on an annual basis but fell 5.6 per cent compared with September as the Canadian Real Estate Association says both buyers and sellers appear to be holding off for the time being.

Taggart Group downsizes proposed Kent Street residential highrise

Taggart Group says its revised plan for 359 Kent St. now calls for a 27-storey highrise rather than the 30-storey tower it proposed earlier this year.

‘We could always elevate each other’: As firm winds down, Koble founders reflect on two-decade partnership

The brokerage they founded in 2014 as 50-50 partners, Koble Commercial Real Estate, was officially dissolved last week. It marked the end of a business arrangement between the two that stretched back nearly two decades.

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