Real Estate

Two long-time leaders in the employee benefits sector are joining forces to provide business owners flexible insurance plans.

Board says the number of condos listed for sale is 25 per cent higher than a year ago, and properties are staying on the market longer. 

The REIT is providing $11.9 million for a joint venture between Minto Properties, and a subsidiary of B.C.-based Darwin Properties to build the first phase of a master-planned community in North Vancouver.

The average sale price of a home in Ottawa was $524,956 in the first 10 months of 2020, brokerage said Tuesday, up 19.2 per cent from a year earlier.

The 6.65-acre property is now home to an abandoned industrial building previously owned by dairy giant Saputo.

Avison Young is forecasting the local vacancy rate at around seven per cent, the second-lowest among major Canadian cities behind Vancouver.

Developer is proposing a nine-storey mixed-use building that will incorporate the shuttered 1930s-era gas station at 70 Richmond Rd. into the design.

How will major donors react to this pandemic? Without the cocktails, dinners and performances, will the wealthiest among us still take out their foundation chequebooks? 

Firm says it’s buying a 50-suite apartment building at 141 Augusta St., just east of the ByWard Market, and the Surrey Place and Hunter’s Point complex south of Hunt Club Road.

Newman joined the Ottawa office of KPMG in 1992 and became an audit partner in 2005.