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
Characteristic
12-month value change
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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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/