Ottawa Business Journal - Real Estate  

Brookfield wins $338M federal property management contract

Brookfield Johnson Controls said it has landed a contract with Public Works to manage more than five million square feet of government space at Tunney’s Pasture and the former Nortel Campus, now known as Carling Place.

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Real Estate in images

  • Ottawa homebuilders keep momentum in May

    June 10, 2013 - 10 h 26

    Despite predictions of a slowdown, Ottawa’s homebuilding industry appears to once again be off to a strong start to the year.

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  • Remaking Somerset Street’s skyline

    June 10, 2013 - 8 h 45

    There’s an old saying that “a single spark can start a prairie fire.” It has its roots in China but could just as easily apply to a stretch of central Ottawa most closely associated with that Asian country’s diaspora.

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  • $20M hydro generating station under construction in Renfrew

    June 5, 2013 - 12 h 36

    A Renfrew-based excavation company has won the largest portion of a contract to build a $20-million water power generating station in the Ottawa Valley.

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  • Home resales down 4.6%

    June 5, 2013 - 10 h 55

    Ottawa realtors sold 4.6 per cent fewer homes in May 2013 than the same period a year earlier as the local market was unable to break out of a slow start to the year.

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  • Unlicensed homebuilders emerging in Ottawa: regulator

    May 31, 2013 - 14 h 21

    The organization responsible for administering homebuilding laws on behalf of the provincial government is sounding the alarm about illegal construction in the Ottawa area.

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  • Walton optimistic about opening land for development

    May 29, 2013 - 10 h 59

    The owners of a massive swath of land in southwest Ottawa say they’ll continue to press the city to open up a portion for development next year, despite losing a debate at City Hall earlier this year.

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  • Loblaw files prospectus for $7B REIT

    May 24, 2013 - 8 h 41

    Loblaw Companies Ltd. (TSX:L) filed a preliminary prospectus Friday aimed at creating one of Canada's largest commercial real estate trusts including some 75 per cent of the company's real estate assets.

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  • Huntington bets on commercial condo market

    May 24, 2013 - 8 h 40

    Condominiums have been a hot asset class in Ottawa in recent years as buyers look to build equity and take advantage of low interest rates.

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  • $226M Queensway widening project begins

    May 17, 2013 - 13 h 58

    A major roadwork project intended to alleviate congestion for east-end commuters officially got underway Friday with a ceremonial groundbreaking to widen the Split between Highway 417 and Regional Road 174.

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  • InterRent revenues grow on acquisitions

    May 14, 2013 - 11 h 16

    A growing Ottawa real estate investment trust says all of its key financial metrics increased in its first quarter as it added hundreds of new residential units to its portfolio.

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