The DNA of Real Estate: Q4 2014 - Cushman & Wakefield

The DNA of Real Estate: Q4 2014

The full report

The DNA of Real Estate is a detailed look into the key office, logistics and high street destinations within Europe, providing a summary of prime rents and yields for the respective cities and markets.

The report also provides an overview of the pertinent corporate real estate trends in the various regions.



• The overall European market witnessed the strongest annual prime rental growth in the high street retail sector, at 1.5% growth, followed by offices (a low 0.2% growth), whereas logistics saw an overall fall in rents for the region by -2.2%

• Western Europe has benefitted from positive, albeit relatively low, year-on-year prime rental growth in all 3 sectors, whereas Eastern Europe saw rates decline in all 3 sectors

• Burgeoning Dublin yet again saw the highest prime rental growth in the office sector over the year (28.3%) and is anticipated to keep its upward trajectory

• While Paris had the highest prime high street retail rent in Q4 2014 at €13,255 sq.m/yr, Istanbul achieved the highest annual growth in figures (19.1%)

• London was top in Q4 as the most expensive city for prime office and logistics rents, with rates of €1,595 sq.m/yr and €180 sq.m/yr, respectively

• The all sector, all European country prime yield aggregate for Q4 2014 is 6.58% (compared with 6.55% in 2013 and 6.68% in 2012), and this figure is expected to come under a downward pressure in the short-term