Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
Eastern promise: Jennings Real Estate makes move into Atlantic Canada with Halifax acquisition
A blossoming Ottawa-based property management firm has chosen one of Canada’s fastest-growing cities for its first acquisition outside the National Capital Region.
InterRent REIT ‘basically back to pre-pandemic performance,’ executive chair says
Ottawa firm said its funds from operations rose nearly 18 per cent compared with the first quarter of 2021, while its same-property occupancy rate jumped
What’s driving multi-million-dollar home sales in Ottawa?
As the capital’s million-dollar market continues to boom, luxury real estate firms like Engel & Völkers are being kept busy
Minto Apartment REIT posts net income of $34.6M in Q1 as economy rebounds, rental demand grows
Ottawa-based REIT’s overall revenue grew 8.4 per cent year-over-year to $32.5 million as the occupancy rate of its unfurnished suites ticked up to 94.2 per
Rising interest rates, ‘buyer frustration’ combine to cool off housing market, OREB says
A total of 1,889 residential properties changed hands in April, the Ottawa Real Estate Board says, a 21 per cent decline from a year earlier
Ottawa housing starts hit five-decade high, but still don’t meet demand: CMHC
Builders began work on more than 10,000 new housing units in the capital last year – but that flurry of new construction still wasn’t enough
Cutsey, InterRent’s president since 2015, is taking over as chief executive from Mike McGahan, who’s stepping aside after 12 years at the helm.
Buy your next home with…Bitcoin?
OakWood Designers and Builders makes the leap into cryptocurrency, accepting Bitcoin for home renovation and property purchases.
Ikea to sell off part of Pinecrest Shopping Centre in bid to streamline assets
One prominent retail analyst says the move could pave the way for a new wave of residential development at the site, which includes about 170,000
Real estate broker Danny Dawson ‘building’ a legacy – on both sides of the river
As Ottawa’s housing market continues to break records, local broker Danny Dawson has hit a number of his own real estate milestones that are worth
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