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Ottawa

InterRent REIT agrees to $4B acquisition by CLV Group, GIC

Don Wilcox Residential Acquisition Ottawa May. 27 2025

InterRent REIT (IIP-UN-T), one of Canada’s largest multifamily housing owners, confirmed it has entered an agreement to be acquired by CLV Group and Singapore’s sovereign wealth fund GIC in a deal which values the trust at about $4 billion.

RIMAP Hospitality opens downtown Ottawa AC Hotel, plans 2 more

Steve McLean Commercial Hotels and Resorts Ottawa May. 2 2025

The AC Hotel by Marriott Ottawa Downtown has just opened in the heart of the nation's capital, the first of three Marriott-branded hotels being developed in the city by RIMAP Hospitality Services Inc.

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