Western Canadian real estate

Disciplined capital. Active ownership. Long-term value.

Avala Equities is a privately held real estate investment and operating company. We acquire, reposition and actively manage income-producing property across Western Canada.

Metro Vancouver4
Calgary5
Edmonton10

Assets owned and operated in three Western Canadian markets.

Privately held and vertically integrated since 2006.

We focus on properties where active ownership, disciplined capital investment and operational improvement can create durable long-term value.

How we invest

A sequence we apply to every asset we own, from a four-storey walk-up to a neighbourhood retail plaza.
First

Acquire

We pursue income-producing properties with an identifiable operational, capital or positioning opportunity.
Then

Enhance

Our in-house team improves the physical asset, resident experience, revenue management and cost base.
Finally

Compound

Once stabilized, assets are held for durable cash flow, responsible leverage and compounding value.

Where we invest

Metro Vancouver, Calgary, Edmonton and selected secondary Western Canadian markets.

Multifamily residential

Established rental buildings in mature urban neighbourhoods.

Neighbourhood retail

Well-located commercial property serving a defined trade area.

Special situations

Assets complicated by deferred maintenance, weak management or ownership circumstances.
905 Calgary property with subtle flower planters

Acquisition criteria

What we are actively looking for. Direct and off-market opportunities welcome.
GeographyMetro Vancouver, Calgary, Edmonton and selected Western Canadian markets.
Asset classesMultifamily, mixed-use and commercial.
ProfileUnder-managed, undercapitalized, mispriced or operationally complex assets.
StructureDirect acquisitions, joint ventures, recapitalizations and select conversion opportunities.
HorizonLong-term hold, with flexibility for situational transactions.
Opportunities

Bring us a property that needs an owner, not just a buyer.

Discuss an opportunity
About

An owner-operator, not an intermediary.

We invest our own capital in real estate we intend to run ourselves, and we organize the firm around that fact.

Since 2006 the firm has acquired, repositioned and managed residential and commercial assets across Western Canada, and today owns and operates nineteen properties in Metro Vancouver, Calgary and Edmonton.

Underwriting grounded in operations

Vacancy duration and maintenance exposure from our own buildings shape our assumptions.

Execution from day one

Our team takes over the building at closing, with no transition period to a third-party manager.

Buy for the income, not the story

Every acquisition is underwritten to in-place cash flow and a specific costed plan.

Hold through the cycle

We have owned and operated through multiple economic and real-estate cycles.
Portfolio

Nineteen assets. Three markets. One operator.

Residential and commercial property owned and operated by Avala Equities across Metro Vancouver, Calgary and Edmonton.

Asset register

15 multifamily assets, 4 commercial assets, held since 2006.

Metro Vancouver

1121 Harwood Street, VancouverMultifamily residential
1305 Jervis Street, VancouverMultifamily residential
1540 Yew Street, VancouverMultifamily residential
1901 Barclay Street, VancouverMultifamily residential

Calgary

811 14 Street NWCommercial
905 13 Street SEMultifamily residential
1728 26 Avenue SWMultifamily residential
2610 15 Street SWMultifamily residential
2730 17 Avenue SWMultifamily residential

Edmonton

8070 Argyll RoadMultifamily residential
8409 112 Street NWMultifamily residential
9104 99 Street NWMultifamily residential
9859 82 AvenueMultifamily residential
10030 151 Street NWMultifamily residential
10612 97 Avenue NWMultifamily residential
12215 102 Avenue NWMultifamily residential
9551 76 Avenue NWCommercial
9553 76 Avenue NWCommercial
10018 105 Street NWCommercial
Capabilities

One team from underwriting through operations.

Everything required to buy a building and then run it well sits inside the firm.

Acquisitions

Sourcing, underwriting, physical diligence and a costed improvement plan.

Financing

Conventional and CMHC-eligible mortgage financing, construction and improvement facilities.

Asset management

Annual business plans, capital budgets and building-level performance review.

Leasing and revenue management

In-house leasing across residential and commercial space.

Property operations

Resident and tenant management, vendor oversight and day-to-day administration.

Capital projects and maintenance

Suite turnovers, building systems, envelope and common-area work managed directly.

Leadership and operating platform

Ownership decisions sit with the principal. Execution sits with a local team in every market.

Vedran Jakovljevic

Founder and Chief Executive Officer
Vedran Jakovljevic founded Avala Equities in 2006 and leads the firm’s investment strategy, acquisitions, financing and portfolio growth. His approach combines disciplined underwriting with active ownership, thoughtful capital investment and patient execution.

Business operations

Firm-wide operating standards, systems, reporting and administration.

Property operations

Local teams in Alberta and British Columbia manage leasing, resident relations and compliance.

Finance and acquisitions

Portfolio reporting, budgeting, lender compliance, deal sourcing and diligence.
Contact

Discuss an opportunity.

We look at every property sent to us and answer quickly either way. Off-market submissions are held in confidence.

What to send

  • Address and asset class
  • Unit count or rentable area
  • Current rent roll and occupancy
  • Trailing operating statement, if available
  • Known deferred maintenance or building issues
  • Price expectation and timing

Send it to us





    Residents and tenants

    Support for people who live and work in buildings owned and operated by Avala Equities.

    Current availability

    Suites and commercial space available across Vancouver, Calgary and Edmonton.
    View available space

    Maintenance requests

    Report a repair or building issue to your local property operations team.
    Submit a request

    Commercial tenants

    Leasing enquiries are handled directly by our operations team and, where applicable, our listing brokers.
    Commercial enquiries