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Real Estate

Vancouver office vacancies fall as industrial vacancies tick up in last quarter of 2023, says report

Vancouver office vacancies fall as industrial vacancies tick up in last quarter of 2023, says report

Both markets are adjusting to large amounts of new supply being added over the last year
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B.C. construction industry predicted to be ‘surprisingly robust’ in 2024

B.C. construction industry predicted to be ‘surprisingly robust’ in 2024

Industry association signals 2024 will be a busier year than the last despite headwinds such as labour shortages and supply chain issues.
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Transit nodes and arterials best bets for East Van densification plays

Transit nodes and arterials best bets for East Van densification plays

East Vancouver redevelopment plans face economic, infrastructure hurdles
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Nearly $100M owed to five creditors of delayed Squamish resort project

Nearly $100M owed to five creditors of delayed Squamish resort project

The project is backed by the families that own the Vancouver Canucks and Dallas Stars
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Northern B.C. real estate sales down from previous year

Northern B.C. real estate sales down from previous year

BC Northern Real Estate Board sees decline in sales in 2023
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Calgary transforms old offices to apartments; experts say other cities should follow

Calgary transforms old offices to apartments; experts say other cities should follow

CALGARY — No community anywhere would willingly choose to have a nearly 30 per cent office vacancy rate in its downtown core.
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These were the most expensive commercial properties sold in Burnaby last year

These were the most expensive commercial properties sold in Burnaby last year

Commercial properties sold in 2023 for prices ranging from $10.3 million to $3.3 million
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GSL Group ramps up development plans for Kelowna properties

GSL Group ramps up development plans for Kelowna properties

Vancouver-based developer proposes 23-storey tower for Capri Centre, revives Water Street plans
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Prairie real estate set for reset in 2024 as major projects rise

Prairie real estate set for reset in 2024 as major projects rise

Population growth, major projects buoy prospects
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BC commercial real estate outlook hinges on interest rates easing

BC commercial real estate outlook hinges on interest rates easing

Rising receiverships highlight the importance of cash flow as borrowing costs remain high
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