CBRE - Global Office Rents November 2009

CBRE - Global Office Rents November 2009

November 2009

Many economic indicators are showing positive signs. GDP turned the corner in 3Q 2009 for many countries including both Japan and the US, which grew by 4.8% and 3.5% respectively; quarter over quarter, annualized. Financial markets have stabilized and credit conditions have begun to ease, resulting in the narrowing of corporate bond spreads. Most economies are moving towards recovery. However, the recovery is proving be uneven in scope, with China and other emerging markets leading the way, while Eurozone is expected to have a slower recovery than other advanced economies.

Keywords: CBRE, CB Richard Ellis, Global, Office, Rents, US, UK, China, Asia, Tokyo, London, New York

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