The BALFIN Group is expanding its global presence by entering the Canadian real estate market. Canada is the 11th country to join the Group’s investment map, after the United States, and the fourth where BALFIN is undertaking real estate development. The BALFIN Group’s first project in Canada will be a €40 million, 27-unit development in Vancouver, a port city on the west coast of British Columbia. It is among the densest and most ethnically diverse cities in Canada and therefore one of the most dynamic real estate markets in North America.

Several other projects are in the planning stage and are expected to start in the next 18 months.
Steven Grunerud, Deputy The President of Strategy Development, responsible for the BALFIN Group's activities in Canada, says the market is excellent for BALFIN's expansion. "With the knowledge and experience of the Group in the development of residential projects, I believe that there will be a good exchange of knowledge and experiences between the two countries. BALFIN has a partnership with experienced developers in this sector", he emphasizes.

The BALFIN Group began its activity in the real estate sector in 2003 in Albania, further expanding its footprint in North Macedonia, Austria and, since last year, in the United States of America, which was announced by President of BALFIN Group, Samir Mane. With a portfolio of residential, commercial, tourism and mixed-use projects, the BALFIN Group is well positioned in the industry as an international investor and developer.

BALFIN Group is known for innovative concepts with high standards in the field of construction as well as unique architectural innovations in projects such as Green Coast, Vala Mar, Rolling Hills, QTU, TEG, Ambasador 1, 2 and 3, and ambitious projects in Austria, United States and more recently in Canada.