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 pipeline for 2016-17 equated to 2.1% of existing stock.
Source : JLL/ January 2016/Frankfurt/OFF