01.02.2012 - Office rents, capital value growth in Asia Pacific moderate in 4Q
According to Jones Lang LaSalle's latest Asia Pacific Office Index, office markets in Asia Pacific experienced mixed fortunes in the fourth quarter of 2011. Despite a slowdown in average office rental growth and capital values, growth in some markets continued whilst others saw a slowdown in growth rates. Rental growth in most major markets slowed in the final three months of 2011. Of the 27 featured office markets, only 14 saw an increase in net effective rents while for the remainder rents stabilised or recorded declines. Aggregate rental growth across the region averaged just 0.9 percent quarter-on-quarter, slowing from 2.5 percent in the previous quarter...............................................Full Article: Source
Print