Ottawa

Ottawa

CondoBusiness

Ottawa housing starts continue downward trend

Housing starts in the Ottawa CMA were trending at 4,475 units in July, down from 4,533 units in June, according to Canada Mortgage and Housing Corporation.
CF Rideau Centre

REMI Network

CF Rideau Centre unveils $360-mill expansion

Ottawa’s CF Rideau Centre celebrated the completion of a $360 million redevelopment that spanned three years.
Ottawa

Canadian Apartment Magazine

Ottawa adds new purpose-built rental housing

Purpose-built rental housing is gaining popularity with Ottawa developers due to low vacancy rates, high rents, condominium market dynamics and renewed confidence that local economic stability will translate into continued steady demand.
Diamond Schmitt

Canadian Facility Management & Design

Diamond Schmitt designs Ottawa Senate building

The joint design submitted by Diamond Schmitt Architects and KWC Architects to transform a century-old train station in Ottawa into an interim home for The
Ottawa hospitals

Canadian Facility Management & Design

Ottawa hospitals receive additional funding

The Ontario government is increasing the funding it is providing to four Ottawa hospitals by over $19 million in 2016-17 in an effort to give
Ottawa Marriot Hotel

REMI Network

Ottawa Marriot Hotel sold for $115 million

InnVest has finalized its purchase of the Ottawa Marriot Hotel located downtown in the capital city’s central business district and Parliament district.
National Arts Centre

Canadian Facility Management & Design

Ottawa’s National Arts Centre breaks ground

The National Arts Centre (NAC), located in Ottawa, recently held a ground-breaking ceremony to celebrate its upcoming $100-million architectural revival. The investment is one of
Morguard acquisition

Canadian Apartment Magazine

$67-million Morguard acquisition in Ottawa

Morguard North American Residential REIT announced that it has purchased 160 Chapel Street, a rental apartment building in Ottawa, ON, for $67 million, exclusive of closing costs.
Ottawa Marriot Hotel

REMI Network

InnVest to purchase Ottawa Marriot Hotel

InnVest Real Estate Investment Trust will purchase the Ottawa Marriot Hotel in downtown Ottawa for $115 million.
Ottawa

CondoBusiness

Investors exit syndicate mortgage for SoBa condo

Centro Mortgage Inc. recently announced the exit of investors in a syndicate mortgage for a Fortress Real Developments Inc. project in Ottawa.
Ottawa

REMI Network

Vacancy rates rise in Ottawa office market

Vacancy rates among Class A and B office buildings in Ottawa have continued to increase over the past six months to almost 6.5 per cent.
Mixed-used

REMI Network

Mixed-used landmark in Ottawa sells for $22-mil

Mercury Court, a three-storey office building with ground floor retail in the trendy ByWard Market of Ottawa, has been sold for $22 million.
AVG Technologies opens new facility in Ottawa

Canadian Facility Management & Design

AVG Technologies opens new facility in Ottawa

AVG Technologies has opened the doors to its new state-of-the-art AVG Business facility in Ottawa, Ont.
Constitution Square

REMI Network

Constitution Square achieves LEED Platinum

Constitution Square in downtown Ottawa is the first office complex in the area to earn LEED Platinum EB certification.
Ottawa

CondoBusiness

Ottawa home sales down in February: OREB

According to data from the Ottawa Real Estate Board, a total of 853 residential properties were sold in Ottawa during the month of February, a decrease of 1.7 per cent from the year prior. The sales figure is also below the five-year average for February, which is 914 units.
Ottawa

Canadian Apartment Magazine

Ottawa is Canada’s hottest rental market: Colliers

According to the 2014 Multi-Family Real Estate Report from Colliers International, the total number of sales transactions in Ottawa’s multi-family sector grew 61.54 per cent last year, making it one of the most attractive rental markets in Canada. At the same time, the total dollar value of multi-family asset transactions rose 33 per cent, year-over-year.
Ottawa

Canadian Apartment Magazine

Ottawa apartment helps persons with disabilities

A 74-unit affordable rental housing development has officially opened in Ottawa, Ont. The complex, located at 140 Den Haag Dr., offers housing for low-income individuals and families as well as persons with disabilities.