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Metro Vancouver

Vancouver downtown office bucks national trend: Vacancy in decline

Evan Duggan Commercial Office Metro Vancouver Jan. 15 2024

Vancouver’s office market stepped closer to stability as the national office market remained challenged by elevated vacancy in Q4 2023, CBRE reports. Vancouver's downtown vacancy declined to 11 per cent in sharp contrast to a record-high 19.4 per cent nationally

Vancouver's Top-10 CRE transactions of 2023: Deal volume tumbles

Mario Toneguzzi Commercial Transactions Metro Vancouver Jan. 12 2024

The dollar volume for CRE in the Greater Vancouver Area plunged in 2023 compared with 2022. Colliers reports the volume of transactions dipped 48 per cent to $6.75 billion in 2023, compared with $12.95 billion in 2022.

Industry Events