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British Columbia

B.C. rents can rise just 1.4 per cent after freeze ends

B.C. rents can rise just 1.4 per cent after freeze ends

Residential rental rate freeze ends in December but landlords will have to keep rental increases at low level into next year, province says
Victoria hotels facing a “brutal” tourism season

Victoria hotels facing a “brutal” tourism season

Pandemic-hammered hotel occupancy has plunged to 35 per cent and revenue per available room has dropped nearly 70 per cent from the same period in 2019
‘Open-canvas’ new condos offered with only kitchen and bathroom

‘Open-canvas’ new condos offered with only kitchen and bathroom

DIY-concept cuts the price on new Vancouver condos where young buyers are expected to finish the rest of the space
B.C. commercial real estate index points to weak recovery

B.C. commercial real estate index points to weak recovery

Leading indicator of commercial real estate fell for the fourth quarter in a row for the second-worst performance in more than two decades
Trump hotel management firm files for bankruptcy

Trump hotel management firm files for bankruptcy

Malaysia-linked TA Hotel Management declares assets of $1.1 million against $4.7 million in liabilities as Vancouver’s Trump hotel shuts down
Trump hotel in Vancouver has shut its doors

Trump hotel in Vancouver has shut its doors

Trump International Hotel & Tower has permanently closed the Trump hotel, which has been shuttered since April due to COVID-19
Real estate, not retail, seen key to shopping centre survival

Real estate, not retail, seen key to shopping centre survival

As big malls tentatively open from COVID-19 restrictions, owners are redefining redevelopment to capture and extend the value of the real estate beyond retail
Investors, philanthropists aim to fix troubled Downtown Eastside

Investors, philanthropists aim to fix troubled Downtown Eastside

Vancouver began here on a foundation of vision and hard work and now a new wave of real estate investors and philanthropists hope to reclaim its mean streets
Outlook: ‘what-ifs’ harnessed to meet recovery forecast

Outlook: ‘what-ifs’ harnessed to meet recovery forecast

If a vaccine is discovered and if there is no virus second-wave lockdown, B.C. projected to match the nation and lead the west into a post-pandemic recovery
Victoria office market outpunches Alberta’s capital

Victoria office market outpunches Alberta’s capital

Victoria has a fraction of the office space as Edmonton, but B.C.’s capital is outperforming Alberta’s in vacancy rates, lease rates, construction and even sales volume this year.