​Calgary’s commercial market sees surge for $1m + and investment in apartments

The third quarter saw an overall drop in commercial real estate investment in Calgary but an increase in the top end.

The third quarter saw an overall drop in commercial real estate investment in Calgary but an increase in the top end. A new report from RealNet Canada says that $722 million was invested in Q3 2014 down 13 per cent on the previous quarter. Transactions over $1 million increased 48 per cent though. Retail deals outpaced offices and hotels while investment in apartments grew 248 per cent.