• Times Colonist Building

    Victoria, BC

    Acquired: The Iconic Times Colonist Building in Victoria, British Columbia

    True off market acquisition, with significant future development potential. A phased in refurbishment, build out and development for this iconic site in British Columbia's capital city where residential market vacancy is estimated at below 1%.

    The contemplated refurbishment, and entitlement of existing land and building in conjunction with the Community Plan.

    Development of 210 residential units and 270,000 SF of residential real estate. Final resulting Property Value after development estimated at $120 million

     

    Victoria, Vancouver have Canada's fastest growing one-bedroom rents in October: Padmapper

    Source: Business in Vancouver

    October 16, 2017

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