CBRE: Tallinn prime office rents up 14.3% over year to 1Q15.
According to CBRE’s EMEA Rents and Yields Marketview, prime office rents in Tallinn were EUR16 per square metre per month in 1Q15, or 14.3% more relative to 1Q14. Rents have risen 18.5% from their lows in the wake of the 2008/09 global financial crisis. Prime office yields are 7.00%, down 50 basis points from their highest levels since the crisis.
Source : May 2015/CBRE/Tallinn/OFF