28.02.2012 - Global office rent index rose 5pct in 2011, office capital value index rose 8pct
According to CBRE's latest Global Office Rent and Global Capital Value Indices, both held steady in Q4 2011, increasing by only 0.48% and 0.44%, respectively. Compared with year-end 2010, the indices measured increases of 5.0% for Global Rent and 8.2% for Global Capital, reflecting stronger growth in the first half of 2011. "After a good start in 2011, global office rental rates and capital value recoveries were delayed in the fourth quarter by the dominant global macro-economic issues," said Dr. Raymond Torto, CBRE Global Chief Economist...............................................Full Article: Source
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