The Investment Property Databank’s Global Annual Property Index ranks Calgary’s commercial real estate market as having the highest total return on investment (21.6 Percent) in 2011 among the 60 cities surveyed, according to the Calgary Herald.

The report attributes Calgary’s robust CRE market to an energy-driven economic boom in Alberta. Calgary’s total return on investment went from 10.3 percent in the first quarter of 2011 to 21.6 percent in the fourth quarter.
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The report indicated that in North America, capital values in the Western/Pacific Coast markets consistently outperformed the Midwest markets during 2011. San Diego came in second (19.5 percent) followed by Portland (18.0 percent), Seattle (17.7 percent) and Philadelphia (15.9 percent).

Last Updated on June 7, 2012 by Ramin Seddiq