Industrials report record low yields while Offices experience an uptick in rental values.
- All Shop prime rents decreased -0.8% in Q1 2021.
- All Shop prime yields increased 11 bps.
- Prime rents in the Office sector rose 1.1%.
- Prime yields decreased 1bp.
- Industrial prime rents increased 1.1%.
- Prime yields for the sector moved in 17bps over the quarter.