
Minto Apartment REIT sees Q2 revenues fall despite record lease signings
The Ottawa-based REIT reported funds from operations of $11.9 million in the three-month period ending June 30, down from $12.7 million a year earlier.
Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.

Minto Apartment REIT sees Q2 revenues fall despite record lease signings
The Ottawa-based REIT reported funds from operations of $11.9 million in the three-month period ending June 30, down from $12.7 million a year earlier.

Brigil unveils plan for 30-storey apartment highrise near Bayshore Shopping Centre
Developer recently made headlines for its plan to build multiple highrises at the site of Ottawa’s former downtown bus terminal.

Ottawa’s Jennings Real Estate proposes 139-unit apartment building near Little Italy
Firm has filed an application with the city for a 10-storey building at 18 Louisa St., just south of Gladstone Avenue near the corner of

InterRent REIT sees signs of market turnaround as revenues rise in Q2
Ottawa-based firm said its funds from operations – a key cash-flow metric – rose 16.5 per cent compared with the second quarter of 2020 to

Home sales plummet in July, but prices keep rising: OREB
The average sale price of a residential-class property in the capital was about $685,000 last month, up 17 per cent from a year ago.

How Ottawa homebuilders are responding to the work-from-anywhere trend
As more professionals permanently embrace remote work, individuals and couples can turn to communities such as Johanne’s Court or The Lodge to offer the right

Builder proposes six-storey apartment complex near Bayview station
Centennial Developments Corp. says the building on Bayswater Avenue near the intersection of Somerset Street West would feature 40 units.

Boutique Ottawa real estate firms find freedom in doing business their own way
John Zinati is one of a growing number of local real estate executives who’ve left comfortable, secure jobs at established big-name companies to start their

Kingston property management firm eyes third apartment tower at site near Baseline Road
Homestead Land Holdings recently filed an application with the city to construct a 25-storey building with 235 apartment units near two existing highrises at 1300

Ottawa industrial rents rise to rank among highest in Canada: Colliers
High demand, rising rents and the recent successes of other projects are leading to speculative developments picking up across the city, particularly near 400-series highways.
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