People.
Build below market homes.
Vancouver is facing a housing crisis. The biggest way we can support people in our community is by improving affordability, and we will do that by using profits to help build and manage below market homes.
Planet.
Race to net zero.
Vancouver cannot thrive without a healthy planet. Buildings produce over 50% of all greenhouse gases in Vancouver and it is our responsibility as a real estate owner and developer to innovate and deliver low carbon spaces. Third Space has committed to becoming a net zero company by 2050.
Our pathway to net zero is outlined in our Net Zero Transition Plan.
Profit.
Grow our portfolio.
Stable, growing income combined with long term capital appreciation is our primary investment goal. By building a diverse portfolio of well located, quality properties, we can create that value and generate sustainable profit. This allows us to also achieve our people and planet objectives.