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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.

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Greater Victoria Investment Report 2021 Review

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Tyler Dolan

Managing Director, Vancouver Island and Okanagan

Victoria

As Managing Director, Tyler is responsible for execution of Colliers business strategy on Vancouver Island.  Tyler has and 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. In May 2018, Tyler assumed the role of Managing Director for the Colliers Vancouver Island office.

Tyler's priorities include business development, employee engagement, professional development, recruiting, financial management and performance, market identity and public relations. Tyler also takes an active role to ensure that all services offered by Colliers are offered to our clients.

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Austin Cope

Associate Broker

Victoria

A commercial real estate advisor specializing in investment and land sales. Born and raised in White Rock, B.C., Austin then attended the Peter B. Gustavson School of Business, graduating in 2020 with 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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