Highest & Lowest Annual OfficeRate Changes – JLL

Jones Lang LaSalle published its Q3 Annual Rental Growth Office Index, showing varying rental growth rates for locations globally.

Stockholm, Sweden led the pack with a 29.2% annual growth rate from Q3 2015 to Q3 2016. In the U.S., the Oakland/East Bay Area ranked first with a 26.1% annual growth rate.

On the opposite end of the spectrum, Perth, Australia experienced an 18% plunge in its office rates, while the San Francisco Peninsula/Silicon Valley ranked first in rent loss in the U.S., with a 2.4% drop in annual rental rates.