Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
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.
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.
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.
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.