Greater Vancouver Commercial Real Estate Outlook 2026

Greater Vancouver commercial real estate in 2026 is active but selective. Investors are prioritizing leased income, durable tenants, and defensive asset classes, while properties with development risk, vacancy risk, or uncertain lease-up assumptions face wider pricing discussions.

Insight

Luxmore thinks

Underwrite income certainty first. Assets with durable tenancy, clear cash flow, and credible renewal assumptions are better positioned than speculative land or vacancy-heavy properties. Pricing should start with actual rent durability, not only future upside.