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- April 1, 2015: Vol. 9, Number 4

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For once, Europe is not the place to be

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According to the Savills World Office Yield Spectrum, published in conjunction with Deakin University, San Francisco and Sydney currently offer the most attractive office investment yields among the world’s top 11 cities. Hong Kong and Tokyo have the lowest office property investment yields. Report co-ordinator and Savills Australia’s national head of research Tony Crabb says: “Globally, interest rates remain low and are anticipated to remain low for the foreseeable future. On a global scale, Tokyo stands out as a market where inflationary income growth expectations defy the extremely low cost of debt, while returns in Singapore look particularly attractive in the Asian region.” Crabb points out that the yields on offer in core office markets should be seen as “very attractive returns in a low-growth, low-inflation investment climate.”

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