Real Estate

Ottawa’s largest independent commercial real estate brokerage has been sold to a U.S.-based industry giant.
Avison Young notes that the pace of activity thus far in 2018 has been greater year-over-year across most asset classes, with $610 million worth of property changing hands.
The Halifax-based REIT is also partnering with RioCan to develop an 840-unit apartment complex near Blair Station in Gloucester
Revised development proposal scraps hotel; calls for 303 apartment units.
Wesley Clover officials say as many as 25,000 people would be expected to attend each day of a country music festival Live Nation Canada is reportedly proposing for the site on June 29 and 30, 2019
TSX listing gives Minto access to capital that will fuel its expansion, CEO says.
The number of Ottawa residents signing new mortgages in Q1 was up 8.4 per cent year-over-year – the largest increase among all Canadian cities
Business group calls for regular updates on multibillion-dollar project after survey points to widespread ‘concern’ about plan’s long-term prospects
Total investment sales expected to reach $2B in 2018.
The streak of higher-than-normal activity stretches back over nearly two years, buoyed by a hot housing market and renewed buyer confidence.