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28 May 2012

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German office values resume rise in 4Q - JLL's VICTOR

Jones Lang LaSalle's VICTOR valuation index of prime office property in the Big Five German cities rose by 1.8% in the fourth quarter, reducing the 12-month value slide to 1.4% from nearly 13% in 2008. For the first time since the start of the global crisis, all five showed positive value growth. "The positive valuation .. resulted mainly from the slight change in trend in yields," said Andrew Groom, head of JLL valuation advisory. (Register now to read PIE 153)

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