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Global Office Index Q4 2016

Rental momentum moderating

Annual rental growth on prime office assets across the 110 major markets covered by the JLL Global Office Index decelerated to 2.3% in Q4 2016, down from 3.0% in Q3 and the slowest rate of full-year growth in three years. Further deceleration is expected during 2017 as more markets will be trying to absorb a greater volume of new deliveries and, with occupiers keeping a close eye on costs, prime rental growth is set to soften further to around 2% for the full year.

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