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In the lease agreement, the rent of the office space is increased each year based on the CPI and is reviewed every 5 years with

In the lease agreement, the rent of the office space is increased each year based on the CPI and is reviewed every 5 years with market rent. Assuming the CPI this year and next year is 5.4% and will drop back to 4.6% for the rest of the leasing period, last year rent is $536m2. 

Calculate the rent rate m2 one years before the market review.

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