Calgary’s commercial real estate investment activity slows

A report shows that there has been a reduction in the level of investment activity in Calgary’s commercial property.

The Avison Young Fall 2014 Commercial Real Estate Investment Review reveals that in the first half of this year investment was down to $1.4 billion compared to $2.1 billion in the same period last year.

Within the commercial sector most property types saw decline although retail more than doubled its 2013 figure partly due to the sale of the Seton Gateway Shopping Centre.

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