According to analysts at Avison Young, in the first half of 2010, the total value of all notable Commercial Real Estate transactions ($5M +) has crossed the $1 Billion mark, setting a new record. The last half of 2009 posted a $715M in sales, making it an increase of 43%. Since only transactions over $5M were counted, the majority of the sales were investors and institutions which include several high-profile shopping centre sales.
Article here:
Vancouver Sun Commercial Real Estate