Avison Young: Private Investors Spur B.C. Investment
Private investors are the most active commercial real estate market players in B.C., says a new report from Avison Young.
Private buyers accounted for 85% of all acquisitions in the first half; meanwhile, private vendors were involved in 98% of sales transactions, said the company in its B.C. first-half investment report.
Institutional chose to preserve cash and rebalance their portfolios in the first six months of the year.
βIt is expected that institutional investors and other non-private actors will resume market activity once there is greater certainty surrounding interest-rate movements,β said Avison Young.
Heightened interest rates and cost pressures have reduced developer appetite. But industrial real estate demand remains strong despite a slowdown in investment across all asset classes.
- ◦Sale/Acquisition
- ◦Development
- ◦Financing