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.

OBJ talks housing with Minto Communities president Brent Strachan as Minto celebrates 100,000 homes built

Ottawa housing starts down 18% in first half of 2023 despite apartment-building boom: CMHC

The housing agency says builders started work on 2,164 new apartment units, including condominiums and rentals, between January and the end of June, up 38 per cent from the same period in 2022.

Ottawa condo sector ‘gaining momentum’ heading into final quarter of 2023: Re/Max

A total of 2,454 condos changed hands in the capital between January and the end of August, down from 2,964 in the same period in 2022, Re/Max said in its annual condominium report released Tuesday.

Ottawa industrial rents keep rising as market tightens in third quarter

Available space in Ottawa’s industrial buildings fell slightly in the third quarter as small-bay tenants continued to...

Ottawa’s office vacancy rate stabilizes in Q3 as conversion trend spreads, reports say

Ottawa’s reeling office rental sector showed signs of stabilizing in the third quarter as several downtown highrises...

Colonnade BridgePort expands management footprint with 22 new mandates in southern Ontario

With several major construction projects in its pipeline, Colonnade BridgePort is now poised to expand its property...

Big draw for investors? Corel’s former Carling Avenue HQ up for sale

The Churchill Office Park at 1600 Carling Ave. – best-known for being the headquarters of graphics software pioneer Corel during the company’s heyday more than two decades ago – has been put up for sale by Manulife Investment Management.

Developer says it will build 1,000-plus rental units in Ottawa because of Liberals’ GST break

A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.

Community builder: InterRent REIT and CLV Group’s Mike McGahan is Ottawa’s 2023 CEO of the Year

He might prefer to keep a low profile, but make no mistake — Mike McGahan is a...

Freeland introduces bill to remove GST off rental developments, amend competition law

Finance Minister Chrystia Freeland introduced legislation Thursday morning that would remove GST charges from new rental developments and update the country's competition law.
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Retain, Reward, Retire: Leveraging IPPs for Owners and Key Staff

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