Anshu Arora LLM, MSc, PMP

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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.