Recent Market Reports
British Columbia Investment Review (Year-End 2009)
After a slower first half of 2009, British Columbia’s commercial real estate investment market made a strong comeback in the second half of the year as after-shocks from the global financial meltdown began to subside and the bid-ask gap narrowed. Capitalization rates remained below those in other Canadian markets.
Delta, BC Industrial Market Report (Spring 2010)
Delta’s industrial real estate market is rebounding slowly after a relatively inactive 2009. Lease transactions are expected to rise in the first half of 2010 as investors and owner-operators regain confidence in the market.
British Columbia Multi-Family Investment Report (Year-End 2009)British Columbia’s multi-family investment market has become very active as the new decade begins. The market started 2009 slowly but finished with a flourish as yearly sales volume reached $667 million. This figure was skewed upward by the sale of the Wosk portfolio (Beach Towers and Langara Gardens).
Fraser Valley Submarket Report Winter/Spring 2010
Industrial vacancy is on the rise in the Fraser Valley as the market
prepares to deal with the after-effects of the 2010 Winter Olympics.
Metro Vancouver Office Market Report (Year-End 2009)
The Metro Vancouver office leasing market witnessed a marked slowdown in leasing activity and a rise in sublease space in 2009 as companies delayed expansion plans and downsized to reduce occupancy costs in light of the global economic downturn.
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