Capital’s office vacancy rate drops to 8.6% in Q4
Downtown vacancy rate of 9.9 per cent last quarter was the third-lowest in North America behind Vancouver and Toronto, real estate firm CBRE says.
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Lansdowne, IBM properties acquired as flurry of Ottawa office deals continues
Marquee transactions worth a combined $87 million have Ottawa brokerage predicting the new year will pick up right where a frothy 2021 left off for
Place de Ville sold for $350M in second-largest deal in Ottawa history
Crestpoint Real Estate Investments and Crown Realty Partners purchased the 1.17-million-square-foot downtown property in a transaction that closed last week.
Ottawa’s hotel bounceback to lag behind recoveries in Toronto, Vancouver, Montreal: report
CBRE is projecting Ottawa’s average hotel occupancy rate to rise to 48 per cent next year, up from 30 per cent in 2020 and a
Parkit adds to local industrial footprint with $13M deal for Gloucester property
Vancouver firm is far from the only real estate company looking to grow its portfolio in a red-hot market where a shortage of supply has
‘Flight to quality’ office space fuels dip in vacancy rate for first time since 2019: CBRE
The city’s overall office vacancy rate fell to 9.7 per cent, marking the first net absorption of office space in the capital since the fourth
‘Robust’ Q2 puts city on pace to top $2.2B in commercial real estate investment in 2021: CBRE
Investors spent a total of $767-million on Ottawa commercial properties from April to June, the real estate firm said in its latest report.
From real estate deals to Italian markets, it’s been a busy business season
Ottawa office market shows signs of stabilization following pandemic shock
The citywide office vacancy rate rose to 9.8% at the end of June, up from 9.6% in the first quarter.
Ottawa climbs into top-10 in ranking of North American tech talent hubs
High concentration of tech workers puts Ottawa in ‘position of strength coming out of the pandemic’
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