Dublin office yields fall again
Dublin office yields have fallen for the fourth consecutive quarter and are 100 basis points below their level of a year ago, according to CBRE’s EMEA Prime Yield Indices, published this week. The overall findings from the survey of prime rents and yields backs up the picture of recovering investment markets across the region which have benefitted from increased capital targeting the sector and improvement in investor sentiment. Of the three sectors, the office market showed the most widespread movements, with yields moving lower in nearly a quarter of the locations surveyed including Dublin, Amsterdam and all the major UK regional cities. The retail sector also saw some significant changes, most notably a shift in the prime central London retail yield to below 3 per cent.