A national investment think-tank puts Prince George among the Top 10 communities in B.C.to put your real estate money.
The Real Estate Investment Network (REIN) is a research and analysis agency that does not buy, sell or market real estate. According to its examination of the B.C. real estate sector, Prince George is now the ninth best market in the province, moving up one place from its ranking in 2012.
India wants to buy a bigger chunk of B.C.`s vast metallurgical coal reserves to feed its growing steel industry, a potential boost to the province`s No. 1 export business, worth $5.7 billion a year.
A high-level delegation led by India`s Steel Minister Beni Prasad Verma was in B.C. this month and met with Premier Christy Clark, International Trade Minister Teresa Wat and B.C. coal industry representatives.
It`s not just the economy, affordable real estate and skills-focused education that put Chilliwack on the Top 10 list of B.C. towns for investment in 2013 by the Real Estate Investment Network.
It`s also the lowest taxes, a downtown plan with incentives, and impressive GDP gains. Chilliwack made it onto REIN`s `must watch` list, but this is the first time Chilliwack has ever been singled out for its investment potential.
Road's completion hails new industrial dawn for Delta
Industrial-property landlords are circling Delta as the strategic South Fraser Perimeter Road nears completion but are finding little to buy, according to a new report from commercial realtor Avison Young.
Investors are butting up against the constraints of the Agricultural Land Reserve, said Ryan Kerr, vice-president of Avison Young's industrial division in Vancouver. The tension between agricultural and industrial demands again raises the issue about whether to take more property out of the Agricultural Land Reserve to be competitive in accommodating the big distribution centres that are locating in other markets.
