Global Office Rent Cycle MarketView Q1 2014
Global Office Markets Stay the Course
*Related document available: Global Office Rent Cycle Charts Q1 2014
During Q1 2014, the CBRE Global Office Rent Cycle continued to reflect the divergent performance of global office markets. Overall, the Cycle was little changed from the end of 2013, with 10 of the 19 global markets comprising the Global Cycle continuing to see rent growth, and the other nine seeing either rents decline or remain essentially unchanged. The wide-ranging performance of the Cycle during Q1 2014 is a reminder that, in commercial real estate, all markets are ultimately local markets.