Global Real Estate News
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Keep abreast of the latest global real estate news across 7 continents that impacts on your business.
JLL: New York City CRE investment volumes up 20% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in New York City rose by 20% in 2015. Capital values for prime offices rose by 9.1%. Rental yields for prime offices were 3.3%, or 153 basis points above the yield on the relevant long-dated government bond. Rents for prime office space rose by 2.9%. There was no net absorption of stock. At the end of the year, the office vacancy rate was 9.6% and the supply pipeline for 2016-17 eq...
Read more.JLL: Mumbai CRE investment volumes up 143% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in Mumbai rose by 143% in 2015. Capital values for prime offices fell by 0.7%. Rental yields for prime offices were 9.9%, or 197 basis points above the yield on the relevant long-dated government bond. Rents for prime office space fell by 2.4%. Net absorption during 2015 was equal to 7.0% of existing stock. At the end of the year, the office vacancy rate was 19.7% and the supply pi...
Read more.JLL: Moscow CRE investment volumes down 4% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in Moscow fell by 4% in 2015. Capital values for prime offices fell by 15.3%. Rental yields for prime offices were 10.5%, or 76 basis points above the yield on the relevant long-dated government bond. Rents for prime office space fell by 11.1%. Net absorption during 2015 was equal to 4.2% of existing stock. At the end of the year, the office vacancy rate was 16.9% and the supply pi...
Read more.JLL: Milan CRE investment volumes up 258% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in Milan rose by 258% in 2015. Capital values for prime offices rose by 8.9%. Rental yields for prime offices were 4.5%, or 290 basis points above the yield on the relevant long-dated government bond. Rents for prime office space rose by 2.1%. Net absorption during 2015 was equal to 0.9% of existing stock. At the end of the year, the office vacancy rate was 13.4% and the supply pip...
Read more.JLL: Mexico City CRE investment volumes down 92% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in Mexico City fell by 92% in 2015. Capital values for prime offices fell by 2.7%. Rental yields for prime offices were 7.5%, or 123 basis points above the yield on the relevant long-dated government bond. Rents for prime office space were unchanged. Net absorption during 2015 was equal to 8.0% of existing stock. At the end of the year, the office vacancy rate was 13.0% and the sup...
Read more.JLL: Madrid CRE investment volumes up 76% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in Madrid rose by 76% in 2015. Capital values for prime offices rose by 25.7%. Rental yields for prime offices were 4.3%, or 247 basis points above the yield on the relevant long-dated government bond. Rents for prime office space rose by 6.9%. Net absorption during 2015 was equal to 2.7% of existing stock. At the end of the year, the office vacancy rate was 10.6% and the supply pi...
Read more.JLL: Los Angeles CRE investment volumes up 8%% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in Los Angeles rose by 8% in 2015. Capital values for prime offices rose by 14.4%. Rental yields for prime offices were 4.2%, or 153 basis points above the yield on the relevant long-dated government bond. Rents for prime office space rose by 9.2%. Net absorption during 2015 was equal to 1.4% of existing stock. At the end of the year, the office vacancy rate was 15.5% and the suppl...
Read more.JLL: London CRE investment volumes down 12% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in London fell by 12% in 2015. Capital values for prime offices rose by 11.8%. Rental yields for prime offices were 3.5%, or 154 basis points above the yield on the relevant long-dated government bond. Rents for prime office space rose by 4.3%. Net absorption during 2015 was equal to 2.3% of existing stock. At the end of the year, the office vacancy rate was 3.4% and the supply pip...
Read more.JLL: Hong Kong CRE investment volumes up 66% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in Hong Kong rose by 66% in 2015. Capital values for prime offices rose by 5.5%. Rental yields for prime offices were 3.1%, or 155 basis points above the yield on the relevant long-dated government bond. Rents for prime office space rose by 13.3%. Net absorption during 2015 was equal to 3.3% of existing stock. At the end of the year, the office vacancy rate was 2.9% and the supply ...
Read more.JLL: Frankfurt CRE investment volumes down 6% in 2015
In its Global Market Perspective for 1Q16, Jones Lang LaSalle noted that commercial real estate investment volumes in Frankfurt fell by 6% in 2015. Capital values for prime offices rose by 7.3%. Rental yields for prime offices were 4.4%, or 372 basis points above the yield on the relevant long-dated government bond. Rents for prime office space rose by 1.4%. Net absorption during 2015 was equal to 0.2% of existing stock. At the end of the year, the office vacancy rate was 9.1% and the supply pi...
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