We were searching for a three-bedroom condo, ground-oriented, hopefully with some outdoor space: essentially, the same thing every young family was eyeing in that neighborhood.
I’ve worked in the real estate business for almost a decade. While my firm (Macdonald Real Estate Group) is active in residential sales, we also have other divisions including commercial brokerage and leasing, project marketing (new homes and condos consulting), property management and our expanding presence in Mainland China (the topic of several past Inman News articles).
Between Dec. 11-13, 2015, I attended the Shanghai Luxury Property Showcase (LPS), hosted at the Marriott Shanghai City Center. As discussed in previous articles, trade shows and expos have been part of our overall strategy in China since we first began operations there in 2014.
It is the result of 13 months of on-the-ground due diligence by my colleague, Dan Scarrow, who in February of 2014 moved to China to head up our operations there. In a broader sense, MREG’s Shanghai office is part of a long history of bilateral economic and cultural exchange between China and western Canada. Vancouver has had a sizable Chinese population since before 1900.
I’m now in month two of a four-month assignment looking into the logistics of opening a Macdonald Realty representative office in China. To recap, we have gone to China as a response to demand from our clients.
In the first month after our arrival, the unexpected changes to the Canadian Investor Immigrant Program had a lot of people scrambling, trying to figure out what the impact would be for the Canadian housing market.