Vancouver top city in Canada for commercial real estate investment, says report

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

While sentiments towards investment are rosy, the dollar volume of transactions fell by nearly half in 2023

Investor appetite in Vancouver commercial real estate remains hearty, despite some economic indigestion last year.

“That's primarily because our fundamentals across all asset classes are the strongest. In other words, our vacancy rate, our rental rate structure … is just better,” he said. “A nationwide slowdown in investment activity was observed due to higher interest rates and inflationary pressures. Across Vancouver, investors exhibited purchasing motivations similar to those of the previous year,” said the report.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BBB: Investment, cryptocurrency the riskiest scams in Canada in 2023The Better Business Bureau's report suggests $300 was the median dollar loss for those that fell victim to scams last year.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Alberta cabin, cottage prices spike in 2023 as Canada's recreational property market coolsMountains loom over condos being constructed in Canmore, Alta. on Monday, April 24, 2023.
Source: CBCCalgary - 🏆 78. / 51 Read more »

Harry Rosen’s $50-million overhaul plan, Gildan’s corporate battle intensifies and CRA clarifies bare trust tax filings: Business and investing news for March 17Plus, the CEOs of Canada’s five biggest banks see their compensation fall in 2023
Source: globebusiness - 🏆 31. / 66 Read more »