CBRE: Istanbul prime office rents unchanged over year to 1Q15.
According to CBRE’s EMEA Rents and Yields Marketview, prime office rents in Istanbul were USD45 per square metre per month in 1Q15, or unchanged relative to 1Q14. Rents have risen 12.50% from their lows in the wake of the 2008/09 global financial crisis. Prime office yields are 6.50%, down 200 basis points from their highest levels since the crisis.01
Source : May 2015/CBRE/Istanbul/OFF