Downtown Calgary shopping centre on global list of most expensive retail rents

CALGARY — A downtown Calgary mall is on a list of the world’s most expensive shopping destinations for retail rents but it is nowhere near the amount of some of the globe’s priciest markets.

Cushman & Wakefield’s latest Main Streets Across the World report, released Wednesday, said the CORE in Calgary has annual rent per square feet at $98 in US dollars. The most expensive main street in Canada was Toronto’s Bloor Street at $314, which ranked it 20th in the world.

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