Demand remains strong for commercial real estate
The increase in assessed value of properties doesn’t only apply to residential real estate. There is ongoing demand for industrial and commercial properties as well, reports the Times Colonist.
With industrial vacancy at a record low of 0.2%, the demand for working properties will continue to be strong, even as high interest rates make it more challenging to attract investment.
With industrial vacancy at a record low of 0.2%, the demand for working properties will continue to be strong, even as high interest rates make it more challenging to attract investment.
