JLL: Jeddah one of the best performing grade A office markets for rental growth in 2Q15

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In its latest Global Office Index (2Q15) publication, Jones Lang LaSalle IP (JLL) noted that Jeddah was the market that achieved the second largest rise globally of the 95 markets monitored in terms of grade A office rents (which soared by 21.2%) over the year to 2Q15. Rents in that market increased by 5.3% in 2Q15 alone. Over the year to 2Q15, the next highest rise in grade A office rents in the region was noted in Dubai (up 2.5% and 46th place).

Source : August 2015/JLL/Miami/OFF