The investment market in Metro Vancouver has set a new record, posting 2016 mid-year transactions totaling $4.28 billion across 819 transactions, eclipsing 2015’s full-year total of $4.25 billion across 695 transactions.
- The office sector experienced the highest sales increase from the same period last year due to several high-profile acquisitions including the Bentall Centre and the Royal Centre
- Multifamily investment remains a hot commodity with apartment sales reaching nearly $673 million in volume over 89 transactions
- Total retail investment in Metro Vancouver reached $1.1 billion in the first half of 2016, nearly double the amount from the same period last year
- The industrial market continues at a steady pace, representing nearly 20% of total commercial real estate transactions over the first half of 2016
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