- Across each property sector, the limited supply of prime assets served to further support ongoing prime yield compression.
- The Global Retail Capital Value Index led the three property types, logging 1.8% and 6.0% quarterly and annual growth, respectively.
- The Americas Retail Capital Value Index led all three regional retail indices, growing 2.1% quarter-over-quarter and 8.0% year-over-year.
- The EMEA Office Capital Value Index recorded its third consecutive quarterly improvement. Both Dublin and Zurich were regional standouts, experiencing strong capital value growth.
- Once again, the Americas Office Capital Value Index was the top-performing office index on both a quarterly and annual basis. In addition to the U.S. gateway markets, investors have gravitated towards Texas markets including Houston, Austin, Dallas and San Antonio where strong employment prospects support expectations for future income growth.
- While growth softened this quarter, the Asia Pacific Industrial Capital Value Index is the only region to have expanded beyond its pre-crisis peak—by a mammoth 31.7% as of Q2 2013.
Download the Global Capital Value Indices MarketView | Q2 2013