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BC Real Estate is Positioned to Weather COVID-19
The market is now entering the third quarter of 2020, after a very difficult second quarter – so difficult, in fact, that many companies refrained from preparing assessments of the first quarter until the economy began to reopen. But following a sharp rise in unemployment in the second quarter, the jobs picture is improving. The …
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Issues and concerns of Commercial Building Owners
Here are some of the issues and concerns of Commercial Building Owners that were discussed during our daily ZOOM Coffee Meetings in the past month: Strategies of collecting rent and keeping existing tenants. Is there any government help and how much? When is it coming? How to clean my building safely? What other owners are …
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Goodbye to the last quarter of the decade
2009 – 2019 has been a decade to remember. It started with one of the worst economic downturns in North American history which eventually impacted Vancouver’s commercial real estate industry. Luckily, British Columbia’s resilient commercial market was only affected negatively for a brief period. What happened next, nobody could have predicted. Commercial real estate rebounded …