B.C. commercial real estate investment up 83% year-over-year Real estate sales over $5 million hit a new dollar volume high in 2017, led by institutional buyer demand

Posted by Michael La Prairie on Friday, March 23rd, 2018 at 10:18am.

B.C.’s commercial investment value set a new record-high of $7.5 billion in 2017 – up nearly 83 per cent over 2016’s $4.1-billion value. 

bc commercial real estate

new year-end investment review from Avison Young Commercial Real Estate notes commercial real estate deals and dollar volumes have continued to rise astronomically since 2015. Avison Young cites a number of reasons behind this acceleration – primarily a divergence of market opinion between vendors and purchasers that has led to more assets for sale by owners and more demand for purchase among investors. 

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