British Columbia

Victoria's multi-family market will continue to be characterized by low capitalization rates and high per-suite prices, according to a report from Colliers International. The typical cap rate for recent apartment building sales are in the 4.

While most residential real estate developers in Metro Vancouver are confident that the current tsunami of Mainland Chinese investors and buyers will keep coming, some are warning that it is dangerous to count on it.

A Chinese group is preparing to inject $1 billion into B.C. coal mining. China's Shougang Group, with Canadian Kailuan Dehau Mines Co Ltd., plans to develop three underground coal mines all close to Tumbler Ridge in B.C.'s north.

While classes were disrupted this past winter by labour action, student enrolment at VIU rose 14 per cent in 2010. This is boosting hopes for a 50-year master plan for VIU's campus, which is located in Nanaimo's Harewood neighbourhood.

Powell River is now morphing, reluctantly perhaps, into a retirement and recreational destination, a trend boosted by low real estate prices and outstanding municipal services.

Vancouver will soon be seeing the construction of two and potentially four new office towers in the downtown core, the recent Vancouver Real Estate Forum was told.

Speculative industrial developers are confident B.C.

Western Canadian investors armed with a strong dollar are hunting for trophy properties amidst the depressed U.S. commercial real estate market. "The loonie's strength at the same time when U.S.

One of the last large pieces of Fraser River waterfront in Metro Vancouver will be developed into a 130-acre community of houses, condominiums, schools and shopping.

Despite a large amount of new construction and mall expansions, local Vancouver retailers are not expected to see an easing of retail lease rates this year. The reason is intense competition, much of coming from giant U.S. retailers. Confirmed U.S.