In Calgary the oil slump is creating an opportunity for commercial real-estate developers. Jeremy Van Loon of Bloomberg News writes about this unexpected result.
In a strange turn of fate, the downturn in oil prices is revitalizing the Calgary commercial real estate market. Commercial construction in the city has continued to grow with the population and has taken advantage of the downturn in prices.
Read full article here: https://business.financialpost.com/news/property-post/how-the-oil-slump-is-breathing-new-life-into-calgarys-commercial-real-estate-market?__lsa=739d-6c2c
