Global real estate markets are showing steady improvements even though economic uncertainty still affects the main centres, according to Jones Lang LaSalle’s new suite of global forecasting reports.
The firm’s Global Office Index reveals the fourth quarter 2011 marked the eighth consecutive quarter during which prime office rents have risen, up a further 0.8% over the previous quarter and representing 6% growth over the fourth quarter of 2010. Global vacancy is edging down to the lowest point for the past two years at 13.6%………………………………………..Full Article: Source