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.

Government can’t solve housing issues alone, private sector must be involved: CMHC

The report by CMHC deputy chief economist Aled ab Iorwerth says the scale of the problem is so large that the private sector must be involved.

The office isn’t dead – it just looks different

In today’s hybrid work environment, workstations need to cater to flexibility while still being comfortable and aesthetically pleasing.

A change of space: More developers eye office-to-residential conversions as demand for housing grows

The idea of turning offices that are past their best-before dates into apartments or condominiums is hardly novel, but real estate experts say the conversion trend is gaining momentum in Ottawa.

Regional Group acquires Baseline Road office complex from Manulife

Regional Group acquired a three-building office complex on Baseline Road this week, giving a major boost to its suburban portfolio.

Ottawa’s housing construction pace falls in October amid economic headwinds, labour crunch

Housing starts in Ottawa-Gatineau rose slightly in October compared with the previous year, the Canada Mortgage and Housing Corp.

Canadian October home sales up from September, first monthly increase since February

The Canadian Real Estate Association says home sales in October posted their first monthly gain since February. The...

InterRent REIT’s income rises in Q3 amid increased demand for rental housing

InterRent REIT’s buildings edged closer to full occupancy in the third quarter amid a rental market rebound...

Minto Apartment REIT rides rental resurgence to strong Q3 growth

Minto Apartment REIT continued to benefit from a resurgent rental market in the third quarter as the...

‘A place we want to be’: Toronto’s CanFirst to build up to 900,000 square feet of industrial space in Barrhaven

A Toronto-based commercial real estate firm is poised to add to Ottawa’s industrial footprint after acquiring a...

‘Buyer hesitancy’ grows as home sales, residential prices fall in October, OREB says

Residential home prices declined an average of five per cent last month compared with a year earlier as the market continues to soften in the face of rising interest rates.
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Matt Milton is a hometown guy that made it big. Almost one year ago, Milton stepped into the role of president of Microsoft Canada, a high point in a 25-year career in tech that has taken him to places such as New York, Oslo and Copenhagen. As president, Milton oversees more than 5,000 Canadian employees and has a mandate to help Canada get inspired by artificial intelligence. Microsoft Canada is leveraging its 40-year history and national workforce to lead the generational shift to AI. By collaborating with key partners, such as healthcare institutions like the Ottawa Hospital and the federal government, Microsoft is focusing on inspiration over pure automation. In this episode of Techopia Live, OBJ publisher Michael Curran sits down with Milton to explore his local roots, the federal government's new "AI for All" strategy, and how startup entrepreneurs can navigate disruption by integrating AI to solve meaningful real-world challenges. Chapters: 00:00 Intro 01:17 Introducing Matt Milton 08:35 Sponsor Segment 25:04 Closing and What’s Ahead at OBJ For more on Ottawa’s tech and innovation scene, visit https://obj.ca/techopia. Subscribe to Techopia’s weekly newsletter here: https://obj121.activehosted.com/f/5
Techopia Live: Microsoft’s Matt Milton takes an inspired approach to AI | Episode 299

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