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January 28th, 2022

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Commercial real estate sales click over $1 billion a month in Lower Mainland – Commercial real estate transactions, led by land sales, hit $3.25 billion during a three-month period in 2021. Third-quarter sales surge 64.1% as compared with the same period last year, according to the Commercial Edge report from the Real Estate Board of Greater Vancouver.

The $1.89 billion in land purchases dominated the action, and land sales continued to roar into the fourth quarter. Two of the biggest land deals of 2021 took place right at the end of the year: the more-than-$300 million purchase of 27-acres near the Olympic Oval in Richmond, and a $155 million deal for 14-acres along the Lougheed Highway in Burnaby.

To read more about this story, check out the article on Western Investor.

REIBC Events

Reconciliation Lunch and Learn
Thursday, February 17, 2021 12:00 p.m. – 1:00 p.m.
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Save the dates:
2022 Recognition and AGM
Thursday, June 9, 2022
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Awards Ceremony and 60th Anniversary Celebration
Thursday, October 27, 2022
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Thursday, December 8, 2022
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Industry Webinars and Events

MIABC
February 2022 MIABC Webinar: Lenders Panel
Tuesday, February 15, 2022 12:00 p.m. – 1:30 p.m.
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MIABC 2022 Networking Golf Tournament
Monday, June 6, 2022
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PAMA
Rental Management Part 2
Tuesday, February 8, 2022 – Thursday, February 11, 2022 9:00 a.m. – 11:00 a.m.
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Rental Management Part 3
Tuesday, March 8, 2022 – Thursday, March 10, 2022 9:00 – 12:00 a.m.
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UDI
UDI Webinar: FortisBC and CleanBC - Roadmap to 2030
Wednesday, February 9, 2022 9:30 a.m. – 10:30 a.m.
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ULI
ULI Canada: Indigenous City Building: Signature Projects in Canadian Cities
Thursday, February 3, 2022 9:00 a.m. – 10:00 a.m.
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Career Postings

Property Coordinator 1 - Junior Paralegal – BC Hydro

Property Negotiator II – City of Vancouver

Property Representative 2 - BC Hydro

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