InterRent REIT’s earnings rebound continues despite quarter-over-quarter dip in occupancy
Ottawa-based real estate investment trust said Tuesday its funds from operations rose 6.3 per cent compared with the second quarter of 2021 to $18.9 million.
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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.
‘Luxury’ home transactions in capital soaring as prices hit historic highs, real estate firm says
Sales worth $1 million or more now account for nearly one in five Ottawa residential transactions – up from less than five per cent just
West-end office building sold to Vancouver firm for $9.35M
The capital’s commercial real estate market continues to see a string of deals even as rising interest rates threaten to stall its momentum.
Ottawa remains ‘beacon’ for office investors, industry execs say in wake of major sales
Two downtown office towers totalling more than 300,000 square feet at 400 Cumberland St. and 77 Metcalfe St. have sold for a combined $60 million.
Ottawa-Gatineau housing starts bounce back in June: CMHC
While construction slowed down on the Gatineau side of the Ottawa River, with the number of new starts falling to 132 from 151 the previous
June home sales down 24% from last year, 6% since May: CREA
The association revealed Friday that June home sales amounted to 48,176, a 24 per cent drop from 63,280 during the same month last year.
Real estate brokerage Royal LePage cuts Ottawa home price forecast for 2022
Firm says it now expects the aggregate price of a home in Ottawa will be up 10 per cent in the fourth quarter of 2022
Large tenants could start looking at properties in other markets along the St. Lawrence Seaway to address surging demand for warehousing and storage facilities, new
Rate hikes, inflation throw cold water on housing resale market in June: OREB
Members of the Ottawa Real Estate Board sold 1,508 residential properties last month, a drop of nearly 30 per cent from June 2021.
Top tips for redesigning, subleasing or refreshing your office
In the eighth volume of Real Spaces Magazine, Real Strategy explores insights coming out of the first quarter of 2022 with respect to Ottawa and
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