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28 May 2012

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JLL's Victor German office index rises 7.6% over 2010

Prime office values in five major German cities rose 7.6% in aggregate in the 12 months to fourth quarter, and 2.6% in the last quarter over 3Q10, according to the latest proprietary Victor Prime Office indicator from realtor Jones Lang LaSalle. Victor is thus 15% above its absolute low in 4Q04, but still 11% below its high in 2Q07. Düsseldorf exhibited the strongest recovery of all.

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