JLL: Grade A rents up, values up in Melbourne over year to 1Q15
According to Jones Lang LaSalle’s publication ‘The Office Index’ for 1Q15, average Grade A office rents in Melbourne CBD were USD212 per square metre per annum. In AUD terms, this represented rises of 0.4% qoq and 2.7% versus 1Q14. Average Grade A capital value was USD6,676 per square metre – or up 0.8% qoq and 11.6% relative to 1Q14.
Source : 31 May 2015/JLL/Melbourne/OFF