Lack of new supply and strong demand from tech occupiers push prime rents up in EMEA
This semiannual Global Prime Office Rents report provides a snapshot of prime office rents in 121 markets tracked by CBRE Research. It identifies key trends at the top end of the office market that drive increases or decreases in rent. This year the balance was firmly toward growth, with prime rents rising in 62 markets, stable in 32 and decreasing in 27. Rents increased on average by 2.3% globally. EMEA performed strongest with an average of 3.7% growth, followed by APAC and the Americas, both at 1.8%.