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.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom 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.
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.
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
Read more »