Funds from operations jump nearly 25 per cent year-over-year to $14.5M.
InterRent Real Estate Investment Trust
The proposed towers are part of Claridge’s East Flats project, which calls for up to five highrises that will include more than 1.5 million square feet of residential space.
An office tower on the western edge of downtown Ottawa will soon be gutted and undergo a facelift to prepare the building’s units for residential tenants
Ottawa’s Trinity Development Group has launched the first stage of its ambitious plan to build 2,700 new rental units near light rail stops over the next several years
Trinity has struck a deal to pay into the city’s affordable housing fund, but there’s no guarantee any such units will end up in its 900 Albert St. development
The charity golf event raised nearly $760,000 in honour of Ottawa business leader Mike McCann, who passed away in February
Hot housing markets in Ontario and Quebec fuelled growth for Ottawa-based InterRent REIT in its most recent quarter
Demand for office space in the National Capital Region dampened slightly in the second quarter, but local landlords should continue to see “steady” interest in properties thanks to job gr
The fresh cash will go towards paying down debt and funding acquisitions, including InterRent’s plans to acquire four properties in Montreal
A consortium of developers that wants to build three mixed-use towers at the intersection of the Trillium and Confederation LRT lines is setting its sights even higher, raising the height