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Ottawa investible commercial real estate universe continues to grow

Growth across sectors except for office, where aggregate values down 20% compared to 2019

Prior to the pandemic, in 2019, the aggregate size of Ottawa-Gatineau’s office and apartment sectors were roughly equal, at around $25 billion each. Retail stood at $22.5 billion, and industrial a little over $10 billion. The investible universe across the four sectors in Ottawa stood at about $83 billion.

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