CBRE: Belfast prime office rents up 11.1% over year to 1Q15.

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According to CBRE’s EMEA Rents and Yields Marketview, prime office rents in Belfast were GBP15 per square foot per annum in 1Q15, or 11.1% more relative to 1Q14. Rents have risen 20.0% from their lows in the wake of the 2008/09 global financial crisis.  Prime office yields are 6.25%, down 150 basis points from their highest levels since the crisis.

Source : May 2015/CBRE/Belfast/OFF