
In the early 1980's, Inwest founded Future Shop. The company grew to become Canada's largest electronics retailer, operating in every province in Canada and generating sales in excess of $2 billion. In 2001, Future Shop was sold to Best Buy for over $500 million.
Recognized as one of BC's leading residential and retail property developers, Wesbild, a subsidiary of Inwest, was initially formed in 1981. Its first of many landmark developments was Westwood Plateau in Metro Vancouver. Breaking ground in 1989, it was, at the time, the most ambitious housing project in Canada. Wesbild currently has three land development projects under construction in BC: Burke Mountain in Coquitlam, Turtle Mountain in Vernon and Predator Ridge in the Okanagan Valley.
Before entering the land development business, Inwest subsidiary Wesbild was an active developer of retail real estate and residential towers. Today, Wesbild owns and manages seven shopping centres and is in the midst of developing an additional centre in British Columbia. Existing assets total over one million square feet.
Wesbild's real estate activities include the development and management of numerous residential condominium projects and rental apartment buildings. Since 1986, Wesbild has completed six award-winning hi-rise condominium projects in Vancouver and Burnaby totaling over 800 units. Wesbild is committed to designing and building quality projects in prime urban locations close to amenities and green space. Working in conjunction with the best team of consultants in the industry and one of the premier sales and marketing firms in North America, Wesbild has continued to create homes and lifestyles that cater to its customers.
In 2002, Inwest acquired DRI CAPITAL (formerly Drug Royalty Corporation), a specialty finance company which acquires royalty streams on pharmaceutical products. Since acquisition by Inwest, DRI CAPITAL has restructured its business to resemble a private equity partnership.
Reservoir Media, the newest royalty business in Inwest's family, invests in entertainment-based royalties, including but not limited to songwriters' entitlements on copyright.
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