Thursday, April 25, 2013

CALGARY TOPS



Calgary tops global list for real estate performance
Total annual return on investment of 19%
By Mario Toneguzzi
Calgary Herald April 19, 2013

CALGARY — Calgary’s commercial real estate market was the best performing one in 2012 among 32 cities analyzed in a report by the Investment Property Databank.

Calgary’s total annual return on investment was 19.0 per cent, outperforming San Francisco (18.0 per cent), Houston (16.0 per cent) and Perth (13.7 per cent).

In 2011, Calgary’s return of 21.6 per cent was also best among 60 international cities surveyed by the IPD.

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