Albania’s Balfin enters Canada's real estate market

The project, led by Balfin Group's real estate division, is a townhome development of 27 units in the bustling seaport city in the British Columbia province, one of the most dynamic real estate markets in North America, Balfin said in a press release last week.

"Several other projects in the region are in the planning stage and are expected to begin in the next 18 months," Balfin said.

Balfin Group began its real estate activities in 2003 in Albania, subsequently expanding its footprint in the markets of North Macedonia, Austria, and as of 2023, the U.S., as per the press release.

With diversified interests across sectors such as real estate, wholesale and retail, banking, tourism, energy, logistics, and education, Balfin now operates in Austria, Albania, Kosovo, Bosnia and Herzegovina, North Macedonia, Montenegro, Croatia, Switzerland, the Netherlands, the U.S. and Canada.

($=0.931 euro)