Over the past year, the average value of B.C.’s largest real estate deals has spiked after experiencing two consecutive years at the lowest levels in at least five years, according to data from BIV’s Top 100 Biggest Real Estate Deals list (https://biv.com/lists).
The largest real estate deal in 2021 was the purchase of Brighouse West Business Park by Keltic Canada Development Co. Ltd. for $300 million dollars – the largest real estate deal since the $575 million paid in 2018 for a group of casinos that included the Grand Villa Casino Hotel.
The average on this list peaked in 2018 at $65.4 million after growing 61 per cent over the previous year.
But
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