Downtown office rental rates soar by 29 per cent

CALGARY — Calgary’s office market in the central business district recorded one of the highest year-over-year rent increases in the Americas in 2012, according to commercial real estate firm Cushman & Wakefield.

The Office Space Across the World 2013 report, released Tuesday, said rents in the city rose by 29 per cent — the fifth highest in the Americas.

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