Ottawa-Gatineau housing starts tumble in February, CMHC says
Builders started work on just 754 new units last month, down from 1,178 in February 2020, the housing agency reported Monday.
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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.
Real estate investment firm said Monday it’s buying three industrial buildings in the capital region totalling 283,000 square feet.
Minto Apartment REIT’s earnings up in 2020 despite rising vacancies
The REIT said it generated funds from operations of $50 million for the year ending Dec. 31, up from $39.6 million in 2019.
E-commerce boom adds to pressure on Ottawa industrial market
Urban boundary expansion opens new opportunities to meet growing demand
LaSalle Investment Management buys into Trinity’s Rideau & Chapel rental housing project
Chicago-based firm has purchased a 47.5 per cent interest in development that will see a pair of 25-storey highrises constructed at the corner of Rideau
How Ottawa merchants can survive and thrive amid COVID-19
New product offerings, a shift to online sales and better use of digital marketing are some of the strategies Ottawa merchants are employing to engage
Brigil buys downtown Gatineau Sheraton hotel with eye to developing nearby land
“It’s a very important site for the post-COVID economic growth of the (city) centre,” says Brigil’s vice-president of development, Jessy Desjardins.
ClubLink to appeal court decision that maintains Kanata golf course as greenspace
Course owner says club is no longer financially viable and wants to partner with Minto Communities and Richcraft Homes to construct more than 1,500 homes
Ottawa building contractors roll out new procedures to respond to evolving demands
Cleaning firms, security personnel and tradespeople all adapt to new reality
Ottawa home prices soar in February as sales hit record heights
The average price of a residential-class property jumped 27 per cent to nearly $720,000 last month compared with February 2020.
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