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 |