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British Columbia

Northern B.C. airports share $3.6 million in government funds

Northern B.C. airports share $3.6 million in government funds

B.C. provincial funding to enhance regional airport infrastructure and green building projects under COVID-19 relief package
Surprising surge seen in retail property sales

Surprising surge seen in retail property sales

Late-year shopping centre transactions helped pushed Metro Vancouver’s total commercial real estate sales volume to $7.9 billion in 2020
Richmond’s new biogas plant will heat 600 homes

Richmond’s new biogas plant will heat 600 homes

New facility shows City of Vancouver goal of weaning new buildings off conventional natural gas by 2050 is not so far fetched as some believe
Vancouver a piker in home price hikes during COVID-19

Vancouver a piker in home price hikes during COVID-19

‘Cheap money’ has fueled housing markets during the pandemic, but Vancouver’s price increases are modest compared to most other centres
Extended rental freeze 'a tipping point' for smaller landlords

Extended rental freeze 'a tipping point' for smaller landlords

Freezing rents and hampering renovations the final straw for some landlords, but long-horizon buyers still eager to invest big in multi-family rentals
Hotel investor hunts for distressed assets

Hotel investor hunts for distressed assets

Unique new acquisition group raises $100 million as it throws a lifeline to hard-hit hotel owners
Kelowna penthouse sets a $10 million milestone

Kelowna penthouse sets a $10 million milestone

Most expensive condoi ever listed in the Okanagan, penthouse shares more than acre of amenity space in a 36-storey tower
Prince George building permits soar 300 per cent

Prince George building permits soar 300 per cent

More than $17 million in permits issued during the first two months of 2021, led by a surge in residential construction
UPDATE: Real estate investment Part 2: condo pre-sales and LPs

UPDATE: Real estate investment Part 2: condo pre-sales and LPs

In this second part of real estate investing, Western Investor looks at pre-sale condos and limited partnerships in new rental projects
Metro municipalities retain industrial land control

Metro municipalities retain industrial land control

Metro Vancouver bid attempted to slow any conversion of scarce industrial land to commercial or residential use