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.

Even in crisis, major donors are stepping up

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? 

Real estate giant CAPREIT acquires pair of Ottawa rental properties for $95.5M

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.

KPMG welcomes Andrew Newman as Ottawa office managing partner

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

Plan to replace James Street Pub with new mixed-use building goes to committee

Urban Capital filed an application last fall to demolish the well-known Centretown watering hole and build a 128-unit apartment complex.

Plan to rebuild fire-damaged ByWard Market eatery goes before committee

Owners of the Vittoria Trattoria restaurant want to rebuild the William Street property with a four-storey addition that would feature 16 hotel units.

Manulife boosts industrial footprint in Ottawa with $11.5M Bantree Street acquisition

It's the second major deal for an Ottawa-area property the global investment firm has announced this week.

Carleton breaks ground on new $16M Engineering Design Centre

New 25,000-square-foot facility will feature a makerspace as well as design studios, workshops and meeting areas.

Manulife buys luxury Gatineau apartment complex for $63M

Le Vibe, a Gatineau development that includes 181 rental suites, is Manulife Investment Management's first residential purchase in the National Capital Region.

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.
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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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