The requested research item does not exist. Please return to Research
Overall prime rents continued to grow at a modest pace across Europe with Jones Lang LaSalle’s Office Rental Index rising 0.8% over the quarter and 5.4% over the year. Rents remained stable in over half of the Index markets; however there were a number of notable exceptions:
Rents fell in Barcelona (-2.6%), Madrid (-1.9%) and Edinburgh (-1.7%) The most substantial rental increases were in Lyon (5.2%), Milan (4.0%) and Stockholm (2.6%) as well as Berlin, Dusseldorf and Munich.
Office leasing volumes were boosted by activity in the final quarter of the year, with almost 3 million sq m traded, a 20% increase on Q3 and a quarterly level not seen since 2007. Yield compression and some rental growth continued to drive capital values as market activity and confidence improved. The European Capital Value Index increased by 1.8% over the quarter and almost 18% over the year.
View the interactive tool
Please fill out the form to download the report.
24 January 2011