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Metro Vancouver’s commercial real estate sector has been predicted to have a full recovery in September, but the reality on the ground is not matching expectations. The BCREA Commercial Leading Indicator (CLI) has shown a fourth consecutive quarterly increase as the economy recovers. BCREA’s chief economist Brendon Ogmundson, however, warns that commercial real estate is facing a “very abnormal and uncertain environment”. Despite the optimistic predictions, the complexities of the pandemic continue to delay a full recovery. Read more about this story here.

REIBC Events

Leading Complex Development with a Purpose Driven Approach
Thursday, September 9, 2021- 12:00 p.m. – 1:00 p.m.
Register here 

Announcing a Major New Study--“Space for Community” Understanding Social Purpose Real Estate
Thursday, September 30, 2021 12:00 p.m. – 1:00 p.m.
Register here

CRF & Depreciation Reports
Thursday, October 14, 2021 12:00 p.m. – 1:00 p.m.
More information coming soon – mark your calendars!

2021 President’s Luncheon
Thursday, December 9, 2021 11:30 a.m. – 2 p.m.
Vancouver Marriott Pinnacle Downtown Hotel (restrictions permitting)
More information coming soon – mark your calendars!

Industry Webinars and Events

CI101: Financial Analysis for Commercial Investment Real Estate
Monday, September 13, 2021 to Thursday, September 16, 2021 8:30 a.m. to 5:00 p.m.
More Info

Rental Management Part 1
Wednesday, September 8, 2021 to Friday, September 10, 2021 9:00 – 11:00 a.m.
More Info

Rental Management Part 2
Tuesday, October 26, 2021 to Thursday, October 28, 2021 9:00 – 11:00 a.m.
More Info

Rental Management Part 3
Monday, November 15, 2021 to Wednesday, November 17, 2021 9:00-12:00 p.m.
More Info

UDI Virtual Luncheon: Building a Strong Partnership with First Nations Requires Acknowledging Canada’s History
Monday, September 20, 2021 12:00 – 1:00 p.m.
More Info

UDI Webinar - Advancing Mass Timber in BC
Tuesday, September 28, 2021 9:30 – 10:30 a.m.
More Info

Career Opportunities

Manager of Property Tax Services - BC Hydro

Manager, Distribution Acquisition Services - BC Hydro

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Real Estate Institute of British Columbia
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1750 – 355 Burrard St., Vancouver, BC V6C 2G8
Tel: (604) 685-3702