20.07.2012 - CBRE: European prime commercial rents and yields hold firm in face of weak economic picture
Despite a worsening short-term economic outlook for much of Europe, prime rents and yields for the regionís commercial property remained broadly stable in the second quarter (Q2) of 2012, according to new figures released by CBRE. Continuing the pattern of the past few quarters, prime yields rose slightly across all three main property sectors, reflecting a degree of investor caution and low transaction activity. However, the changes in yields remain moderate: over the past year, office and industrial yields for the EU-15 area are just 12 basis points higher...............................................Full Article: Source
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