Commercial investment in the Vancouver market has reached $3.4 billion this quarter (Q1 2017) – the highest first quarter transaction dollar volume ever recorded.
Now's the perfect time to invest in Commercial, Industrial and Residential real Estate!
Residential land sales accounted for nearly a third of a total dollar volume in Q1 2017. Retail and office investment reached record levels of sales, according to Altus. Both sectors combined account for nearly 40 per cent of all property transactions, lead primarily by three of the quarter’s four priciest sales:
- Oakridge Centre, Vancouver: a 50% interest of $480,661,162.
- Waterfront Centre, Vancouver: a 50% portion of a larger portfolio; $182,450,000
- Granville Square, Vancouver: a 50% portion of a larger portfolio; $157,500,000
- Arbutus Manor, Vancouver: a retirement home, classified as Residential Land; 3.93 acres, $115,000,000.
The four sales have a combined value of $935.6 million.
Residential land sales accounted for nearly a third of a total dollar volume in Q1 2017. Retail and office investment reached record levels of sales, according to Altus. Both sectors combined account for nearly 40 per cent of all property transactions, lead primarily by three of the quarter’s four priciest sales:
- Oakridge Centre, Vancouver: a 50% interest of $480,661,162.
- Waterfront Centre, Vancouver: a 50% portion of a larger portfolio; $182,450,000
- Granville Square, Vancouver: a 50% portion of a larger portfolio; $157,500,000
- Arbutus Manor, Vancouver: a retirement home, classified as Residential Land; 3.93 acres, $115,000,000.
The four sales have a combined value of $935.6 million.
Residential land sales accounted for nearly a third of a total dollar volume in Q1 2017. Retail and office investment reached record levels of sales, according to Altus. Both sectors combined account for nearly 40 per cent of all property transactions, lead primarily by three of the quarter’s four priciest sales:
- Oakridge Centre, Vancouver: a 50% interest of $480,661,162.
- Waterfront Centre, Vancouver: a 50% portion of a larger portfolio; $182,450,000
- Granville Square, Vancouver: a 50% portion of a larger portfolio; $157,500,000
- Arbutus Manor, Vancouver: a retirement home, classified as Residential Land; 3.93 acres, $115,000,000.
The four sales have a combined value of $935.6 million.
Residential land sales accounted for nearly a third of a total dollar volume in Q1 2017. Retail and office investment reached record levels of sales, according to Altus. Both sectors combined account for nearly 40 per cent of all property transactions, lead primarily by three of the quarter’s four priciest sales:
- Oakridge Centre, Vancouver: a 50% interest of $480,661,162.
- Waterfront Centre, Vancouver: a 50% portion of a larger portfolio; $182,450,000
- Granville Square, Vancouver: a 50% portion of a larger portfolio; $157,500,000
- Arbutus Manor, Vancouver: a retirement home, classified as Residential Land; 3.93 acres, $115,000,000.
The four sales have a combined value of $935.6 million.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.