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Click on city rows and select the sort button to track city ranking.Highlight up to 11 cities and select the 'chart' tab to compare markets
Prime Rent represents the top open-market rent that could be expected for a notional unit of the highest quality and specification in the best location in a market, as at the survey date.
Represents the best (i.e. lowest) “rack-rented” yield estimated to be achievable for a notional property of the highest quality and specification in the best location in a market, as at the survey date. The property should be let at the prevailing market rent to a first class tenant with an occupational lease that is standard for the local market. The prime initial net yield is quoted, i.e., the initial net income at the date of purchase, expressed as a percentage of the total purchase price, which includes acquisition costs and transfer taxes.The Prime Yield represents Jones Lang LaSalle’s “market view”, based on a combination of market evidence where available and a survey of expert opinion.
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