In its World Office Yield Spectrum report for 1H16, Savills notes that prime office sales in the Asia-Pacific region were running at around USD15bn per quarter through 2015. Savills notes that sales volumes in Japan and Australia should remain robust. Elsewhere, though, the key feature of 2016 is likely to remain capital outflows from Asia – much of which is likely to find its way to major cities in the US. As of December 2015, the overall market yield in the prime office markets of Shanghai was 4.84%. The market risk premium was 1.94%. Over the course of the second half of last year, the overall market yield was unchanged.

Source : Savills/Mar 2016/Shanghai/OFF