The rent index monitor, created by CBRE, looks at the change in the estimated rent of the office property markets worldwide.
Under the effects of the coronavirus (COVID-19) pandemic, the office real estate rental market saw rental growth slow down and turn negative. In the APAC region, annual rents decreased by 3.7 percent year-on-year between the second quarter of 2020 and the second quarter of 2021. On a global scale, office markets saw a decline but proved to be more resilient than the retail sector.
Trailing twelve month rental growth of office real estate worldwide as of the 2nd quarter 2021, by region
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CBRE Group. (August 28, 2021). Trailing twelve month rental growth of office real estate worldwide as of the 2nd quarter 2021, by region [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/1197138/twelve-month-rental-growth-of-office-real-estate-worldwide-by-region/
CBRE Group. "Trailing twelve month rental growth of office real estate worldwide as of the 2nd quarter 2021, by region." Chart. August 28, 2021. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/1197138/twelve-month-rental-growth-of-office-real-estate-worldwide-by-region/
CBRE Group. (2021). Trailing twelve month rental growth of office real estate worldwide as of the 2nd quarter 2021, by region. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/1197138/twelve-month-rental-growth-of-office-real-estate-worldwide-by-region/
CBRE Group. "Trailing Twelve Month Rental Growth of Office Real Estate Worldwide as of The 2nd Quarter 2021, by Region." Statista, Statista Inc., 28 Aug 2021, https://www.statista.com/statistics/1197138/twelve-month-rental-growth-of-office-real-estate-worldwide-by-region/
CBRE Group, Trailing twelve month rental growth of office real estate worldwide as of the 2nd quarter 2021, by region Statista, https://www.statista.com/statistics/1197138/twelve-month-rental-growth-of-office-real-estate-worldwide-by-region/ (last visited September 19, 2024)
Trailing twelve month rental growth of office real estate worldwide as of the 2nd quarter 2021, by region [Graph], CBRE Group, August 28, 2021. [Online]. Available: https://www.statista.com/statistics/1197138/twelve-month-rental-growth-of-office-real-estate-worldwide-by-region/