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British Columbia

Canada's commercial market to remain stronger than ever

Canada's commercial market to remain stronger than ever

CBRE believes the nation's bullish market conditions will continue as developers and landlords adapt to succeed
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New B.C. ski resort delayed until 2020

New B.C. ski resort delayed until 2020

A ski resort near Valemount, B.C. was green-lit last year with a completion date of Christmas 2018, but construction is now expected to continue into 2020
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Unprecedented office demand to test price ceiling

Unprecedented office demand to test price ceiling

New speculative towers are expected to push rents to record highs as vacancy rate continues to tighten
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Kelowna trending into a top-tier investment opportunity

Kelowna trending into a top-tier investment opportunity

Named by Western Investor as the top western city for real estate investors, Kelowna’s explosive growth trajectory may just be starting
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Hudson’s Bay seeks bids for downtown Vancouver flagship store

Hudson’s Bay seeks bids for downtown Vancouver flagship store

The store is expected to sell for as much as $900 million, following HBC's new partnership with co-work space company WeWork
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Sun Peaks resort boom drives up housing demand

Sun Peaks resort boom drives up housing demand

Seasonal workers struggling to find accommodation at Interior B.C. mountain resort, as home prices continue to soar and demand outpaces supply
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Bank of Canada interest rate holds steady at 1% - for now

Bank of Canada interest rate holds steady at 1% - for now

Central bank holds overnight rate – this time – and will proceed tentatively with future rises
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B.C. LNG bid still alive as Shell group eyes Kitimat site

B.C. LNG bid still alive as Shell group eyes Kitimat site

NDP has pledged support for $40 billion export terminal on northwest coast if government conditions are met
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Vancouver REIT purchases 230-unit Phoenix, AZ apartment complex

Vancouver REIT purchases 230-unit Phoenix, AZ apartment complex

Alta Fillmore Apartments sold for US$59 million, or CAD$74.7 million
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Vancouver commercial real estate investment outpaces Toronto

Vancouver commercial real estate investment outpaces Toronto

Despite a much smaller population, Vancouver has surpassed Toronto in investment activity by more than $1 billion
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