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.

Ottawa chefs prepare for return of meetings and conventions with new culinary offerings, services

With many conferences and conventions rescheduled, several of the city’s top chefs are hard at work planning new ways of using food to bring people together.

Housing starts stall in October as multi-unit builds drop dramatically

Builders started work on 930 new dwellings last month, a drop of more than 20 per cent from the 1,196 starts recorded in October 2019.

City planners urge committee to put kibosh on Kanata golf course redevelopment plan

ClubLink’s proposal calls for more than 1,500 housing units on the current site of the Kanata Golf and Country Club.

Feds, province give $4M boost to diocese’s plan to replace Bells Corners rectory with affordable housing

Diocese wants to tear down the structure at 3865 Old Richmond Rd. and replace it with a four-level mixed-use building that will include 35 affordable housing units.

Minto REIT’s rental revenues continue to rise in Q3 despite pandemic

Firm's funds from operations for the three-month period ending Sept. 30 increased 22 per cent year-over-year to $13.2 million.

Scrivens welcomes the fourth generation

Family owned business celebrates 90th anniversary.

Planning committee OKs controversial Bayshore apartment highrise proposal

Mall owner Ivanhoe Cambridge is partnering with Toronto-based investment fund KingSett Capital to construct a 27-storey tower and a 30-storey highrise with a total of about 500 apartment units.

InterRent REIT seeing ‘strong results’ despite pandemic, Ottawa firm says

InterRent's funds from operations – a key cash-flow metric for REITs – rose 7.6 per cent year-over-year to $17.2 million in the third quarter.

OREB eyes ‘shift’ away from condos as home sales keep booming in October

While sales of condominiums rose 22 per cent year-over-year to 481, the number of new units added to the market jumped 70 per cent compared with October 2019.

On disability leave following harassment, Ottawa employee grapples with severance questions

Nelligan Law says justice and dignity matter as much as money in such cases
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