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Greater Victoria Investment Report 2021 Review

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research article

2021 proved to be a record year for Greater Victoria, with overall sales volume hitting a new high of $1.9 billion.

  • The multifamily asset class had a record year with $862 million in sales, crushing the previous record of $478 million.

  • Investment in office buildings returned as well in 2021, accounting for $153 million in sales, more than double the amount of 2020.


Greater Victoria Investment Report 2021 Review

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Tyler Dolan

Managing Director, Vancouver Island and Okanagan


yler Dolan is the Managing Director, Vancouver Island and Okanagan responsible for the execution of Colliers business strategy in the region. He is also the National Debt Advisory Lead for Canada.

Tyler has been active in the commercial real estate industry since 2001, and spent the majority of his career in both real estate and commercial finance with major financial institutions.

Tyler joined Colliers’ Leadership Team in May 2018 working with advisors and operations staff on the success of their clients’ real estate needs. His priorities include business development, employee engagement, professional development, recruiting, market identity, financial management and performance.

Tyler is an alumnus of Royal Roads University with a Bachelor of Commerce, Camosun College with a Diploma in Business Administration, and UBC Sauder School of Business in Mortgage Brokerage Brokerage and Real Estate Trading Services in British Columbia.

Tyler is a past Board Member of the Downtown Victoria Business Association, Peninsula Minor Hockey Association, the Urban Development Institute, and the Victoria Brain Injury Society.

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Austin Cope

Associate Broker


Austin has a focused interest in land and investment sales in Greater Victoria, through which he has formed a thorough understanding of the commercial transaction process and prevailing market conditions.

Born and raised in White Rock, B.C. Austin then attended the Peter B. Gustavson School of Business at the University of Victoria, graduating in 2020 with a Bachelor of Commerce and a specialization in International Business.

Before starting his career in brokerage, Austin gained exposure to research, marketing, business development, and valuation by completing two cooperative work terms with Colliers and spending a year as a research analyst with Colliers. Austin’s previous experience gives him an excellent understanding of the Victoria market, accelerating his success in commercial real estate.

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