Klein Commercial
Royal LePage Westside Klein Group
Klein Commercial
Royal LePage Westside Klein Group

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Is a Bill 40 Wind Up Right For Your Strata Council?

articles

Bill 40 Wind Up For Stratas

Strata wind-ups are a great way to realize the economic potential of a multi-unit residential property, by leveraging the value of each strata unit in the strata to a developer that wishes to develop on the property. Despite being a great way to realize the economic potential of your property, the wind-up process can be a complex one that involves real estate law, condominium law with the law of restructuring. Many strata owners wish to…
2021 BC Population, Geography, and Housing

articles

2021 BC Population, Geography, and Housing

Beautiful British Columbia's geography poses a challenge for housing. 2.4M out of 4.6M (54% of total) British Columbians lived in Greater Vancouver based on 2016 census. Geographically, Greater Vancouver only occupies 0.31% of British Columbia's land mass. Moreover, Greater Vancouver's growth is limited in three directions: mountains to the north, ocean to the west, and US to the south. Hence, the only direction the city can grow is to the east, or to go up…
Western Investor: Industrial Strata Now More Pricey Than High-End Residential Condos

articles

Industrial Strata More Pricey Than High-End Condos

Click to View original article on www.westerninvestor.com Metro Vancouver now has the lowest industrial vacancy rate in North America, a 0.7 per cent in the first quarter of 2021, and the highest industrial lease rates in Canada. This, combined with the infamous appreciation performance of Vancouver-area real estate, and rock-bottom financing rates, has persuaded a growing number of industrial customers to buy their space rather than lease. The soaring lease rates are also persuading investors…
COVID-19 Affect on Industrial Real Estate

articles

COVID-19 Affect on Industrial Real Estate

To date, industrial real estate has shown the greatest resiliency to lease default. E-commerce and logistics are one of the hottest markets and will likely remain strong after the outbreak is over. These services require already stressed industrial land and space supply. Mixed use industrial assets are one of the most lucrative investments in the current market due to its versatility and ability to adjust to changing economies and consumer habits. Subscribe to Dmytro Chernysh's…
Landlord Strategies and Navigating Covid-19

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Landlord Strategies and Navigating Covid-19

In addition to impacting the wellbeing of hundreds of thousand of people all over the world, we are starting to see the effects of the Coronanvirus/COVID-19 Affect on Industrial Real Estate, global and local economies and financial markets. With consumers being advised to stay home and certain businesses ordered to significantly limit their operations or to close on an indefinite basis, many tenants specifically in the restaurant and retail sector, are experiencing problems in managing…
Tenant Strategies and Navigating Covid-19

articles

Tenant Strategies and Navigating Covid-19

In addition to impacting the well-being of hundreds of thousand of people all over the world, we are starting to see the effects of the Coronavirus/COVID-19 Affect on Industrial Real Estate, global and local economies and financial markets. With consumers being advised to stay home and certain businesses ordered to significantly limit their operations or to close on an indefinite basis, many tenants specifically in the restaurant and retail sector, are experiencing problems in managing…
Greater Vancouver Industrial Sales Up In Q2

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GVA Industrial Sales Up In Q2-2019

Despite the slowdown in commercial real estate throughout Greater Vancouver this year, one asset class that has performed well is Industrial sales. During the first half of 2019 there were 212 transactions, up 11% and 13% from the first halves of 2017 and 2018 respectively. Leading the way were Richmond (up 60% from last year), Vancouver (up 27%) and Surrey (up 25%). On the volume side, this year’s total of $567,434,064 was up 7% from…
GVA Industrial Sales Down In Q1-2019, But Less Than Most Sectors

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GVA Industrial Sales Down In Q1-2019

Commercial real estate sales were slow almost across the board in the Vancouver area during the first quarter of 2019. However, of the main asset classes Industrial sales faired the best except for Office Sales. In Q1-2019 there were 61 Industrial transactions, down 29% from Q1-2018’s 86, and down 35% from Q1-2017’s 94. On the volume side, Q1 was down 18% from one year ago and down 24% from two years ago. And while Q1-2019…
Office Sales The Only GVA Commercial Sector Up In Q1-2019

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GVA Office Sector Up In Q1-2019

Though commercial real estate activity was very slow in the Vancouver during the first quarter of 2019, there was one bright light among the asset classes: Office sales. In fact, not only were Office sales the only class whose volume was up from Q1-2018, but sales were also up from Q1-2017 (which, at the time, had been considered a strong quarter). Dollar sales jumped 34% from one year ago and 3% from two years ago…
Residential Land Transactions And Volume Down In Q1-2018

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Residential Land Down In Q1-2018

While commercial real estate sales gradually slowed in the Greater Vancouver area throughout 2018, they dropped precipitiously in nearly all asset classes in Q1-2019. One of the worst hit was Residential Land. The quarter saw only 75 transactions, down 55% from Q1-2018’s 167. And volume sales took an even steeper dive – down 75% from one year ago. While all communities were down significantly, the biggest drops were in Tri-Cities (89%), Vancouver (83%), Burnaby (82%)…
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Reports

Greater Vancouver Mobile Home Park Sales Report - Review 2023

Greater Vancouver Land Sales Report - Q3 2023

Greater Vancouver Retail Sales Report - Q2 2023

Greater Vancouver ICI Land Sales Report - Q1 2023

Greater Vancouver Industrial Sales Report - Q1 2023

Greater Vancouver Mobile Home Park Sales Report - Review 2022

Greater Vancouver Land Sales Report - Q4 2022

Greater Vancouver Multi-Family Sales Report - Q3 2022

Greater Vancouver Mobile Home Park Sales Report - Review 2021

Greater Vancouver Retail Sales Report - Q3 2022

Greater Vancouver Land Sales Report - Q2 2022

Greater Vancouver Industrial Sales Report - Q2 2022

Greater Vancouver Retail Sales Report - Q2 2022

Greater Vancouver Office Sales Report - Q2 2022

Greater Vancouver ICI Land Sales Report - Q1 2022

Greater Vancouver Land Sales Report - Q1 2022

Greater Vancouver Retail Sales Report - Q1 2022

Greater Vancouver Office Sales Report - Q1 2022

Greater Vancouver Industrial Sales Report - Q1 2022

Greater Vancouver Retail Sales Report - Q4 2021

Greater Vancouver Land Sales Report - Q4 2021

Greater Vancouver Office Sales Report - Q4 2021

Greater Vancouver ICI Land Sales Report - Q4 2021

Greater Vancouver Industrial Sales Report - Q4 2021

Greater Vancouver Industrial Sales Report - Q3 2021

Greater Vancouver Retail Sales Report - Q3 2021

Case Studies

Articles

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Bill 40
Article

Wind Up For Stratas

Bill 40 Wind Up For Stratas

 | 
2021 BC
Article

Population, Geography, and Housing

2021 BC Population, Geography, and Housing

 | 
Industrial Strata
Article

More Pricey Than High-End Condos

Industrial Strata More Pricey Than High-End Condos

 | 
COVID-19 Affect
Article

on Industrial Real Estate

COVID-19 Affect on Industrial Real Estate

 | 
Landlord Strategies
Article

and Navigating Covid-19

Landlord Strategies and Navigating Covid-19

 | 
Tenant Strategies
Article

and Navigating Covid-19

Tenant Strategies and Navigating Covid-19

 | 
GVA Industrial
Article

Sales Up In Q2-2019

GVA Industrial Sales Up In Q2-2019

 | 
GVA Industrial
Article

Sales Down In Q1-2019

GVA Industrial Sales Down In Q1-2019

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GVA Office
Article

Sector Up In Q1-2019

GVA Office Sector Up In Q1-2019

 | 
Residential Land
Article

Down In Q1-2018

Residential Land Down In Q1-2018

Press Release & Company News

Royal LePage's 2017 National Chairman Club - January 2018

It is with great pride that Royal LePage presents the members of our 2017 Royal LePage National Chairman’s Club. Their outstanding performance has earned each…

Vancouver Sun: West End Landmark's Days Are Numbered

Klein Group was featured in a recent article explaining how land is valued in Vancouver, as featured in the Vancouver Sun. If you want to…

Interview: Eugen Klein

Eugen Klein, Royal Le Page Sussex Klein Group founder and principal, was recognized as the Top 40 Under 40 in 2013 and recently completed his…
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

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First access to our public and non-public
offerings, foreclosures, and new projects.
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Brokerage Of
Royal LePage Commercial Logo
Royal LePage Westside Klein Group

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

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