Investor prudence, strong fundamentals keep real estate on course
The fortunes of the commercial real estate market in the time of COVID-19 are largely dependent on pre-pandemic fundamentals. No, the sky hasn’t fallen. It did look quite dark and stormy there for a spell, but generally speaking, whether we are looking at the residential markets or the commercial, the pandemic didn’t lead to any […]
Ottawa’s second Amazon distribution centre set to open next year
A 1-million-square-foot Amazon fulfillment centre, known as YOW1, opened last year in Ottawa. Another Amazon centre, which will be almost triple the size, will be constructed in the capital’s CitiGate Business Park. Ottawa’s location is fast becoming recognized as an asset for distribution, with the 2019 opening of a massive Amazon fulfilment centre – the […]