Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
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Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
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Development, Office

Construction Update: MNP Tower

by 604City, on Flickr

December 4, 2014by david.taylor@colliers.com
Development, Office

Construction Update: 745 Thurlow St.

Photo by 604City, Flickr

December 1, 2014by david.taylor@colliers.com
Investment, Office

Ivanhoe’s Fournier Thanks Vancouver for Top-Performing Asset

By Evan Duggan

Daniel Fournier, Ivanhoe Cambridge

There’s a familiar sports cliché Daniel Fournier likes to use when describing his vision for Ivanhoe Cambridge in his role as the massive commercial real estate investment firm’s chairman and CEO.

“Go big or go home,” Fournier says more than once during Wednesday’s interview in a seventh-floor suite of the 75-year-old Fairmont Hotel Vancouver — a masterpiece Ivanhoe Cambridge is currently shopping as part of an ongoing shift toward tightening its grasp on high-profile shopping centres and office tower buildings.

Fournier would repeat the phrase again downstairs in a keynote address to the Vancouver Board of Trade. He comes by the sports lingo honestly. Fournier, who took over the multi-billion dollar reins of Ivanhoe Cambridge in 2010, took a break from his studies at Oxford in 1977 to play a season for the CFL’s Ottawa Rough Riders.

Fournier said he came to the West Coast partly to say “thank you to Vancouver, because we’ve done very, very well here,” but also to share insight on how he plans to transform Ivanhoe Cambridge from a real estate investment machine with $40 billion in assets, into a $70-billion behemoth.

Ivanhoe Cambridge, the real estate arm of  …read more

Source:: RENX

November 28, 2014by david.taylor@colliers.com
Investment

FOR SALE: 2420 Dollarton Highway, North Vancouver

We are pleased to present this unique opportunity to acquire a fully functioning private school property in North Vancouver. Located on a 6.5 acre site, the school contains all the facilities of a typical school including classrooms, library, gym/auditorium, cafeteria and boarding facilities with 350 dorm beds.

2420 Dollarton Hwy, North Vancouver2420 Dollarton Brochure

November 27, 2014by david.taylor@colliers.com
Apartment, Investment

Kerrisdale Apartment Building, Sold

An 11-unit apartment building, known as Bel Aire Apartments at 6356 East Boulevard, has sold for $4,710,000, or $428,000 per unit, or a 2.10% cap rate. The buyer is East Boulevard Property (Westland) Ltd.  The building had been listed for sale for $5,000,000.

6356 East Blvd

 

November 26, 2014by david.taylor@colliers.com
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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

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First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while

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West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave

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Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor

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David Taylor Personal Real Estate Corporation

Colliers International

DT

David Taylor

Senior Vice President, Colliers Canada

David Taylor is a Senior Vice President at Colliers International in Vancouver, BC, specializing in the sale of commercial real estate across Metro Vancouver. He has sold over $1.7 Billion in office buildings, retail properties, apartment buildings and development land since 2004.

Vancouver Market chronicles investment and development activity in Metro Vancouver, including sale prices, cap rates, $/SF metrics, and market context for commercial real estate transactions.

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