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28 May 2012

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JLL's German office value indicator VICTOR up 1% in 1Q10

The VICTOR indicator of prime office valuations in the Big Five German cities issued by realtor Jones Lang LaSalle rose in 1Q10 by 1.0% against 4Q09. The reading is the third positive result in a row since sharp drops to the middle of last year amid the global financial crisis. The overall rise since mid-2009 has been 3%, with Hamburg and Düsseldorf recording the steepest recoveries, at 6.5% and 2.7% respectively. (See upcoming PIE Editions for full story)

 

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