Rental growth continues to trail behind capital value growth
Rent and capital values grew across all regions and property sectors during Q2 2015, with the exception of retail rents in Asia Pacific—primarily due to weakness in Hong Kong.
The global economy continued to expand in Q2 2015, but growth remained inconsistent and subject to volatility. Weaker trade and capital outflows put pressure on a number of emerging markets. The latest flare up of the Greek debt crisis ultimately had little impact on the global economic outlook, but the China stock market crash dented confidence. Overall, CBRE retains its generally positive view towards economic growth and expansion.