Investor interest strong
Commercial real estate investment activity in B.C. dipped for the first half of 2009, but investor interest remains strong, says Avison Young’s Mid-Year 2009 British Columbia Real Estate Investment Review. Just 23 transactions were completed in the first half of 2009, representing the lowest first-half numbers in seven years, and total dollar volume fell 12 per cent to $643 million, it says. But the year-end sales volume is on track to meet last year’s level of $1.27 billion.