Cbre cap rate survey map. The expected NOI yields for hotels in the five central wards of Tokyo also remained unchanged from Q2 2024, while expected NOI yields for residential properties fell slightly, by 2 bps for Q1 2024 Asia Pacific Cap Rate Survey May 2, 2024 Cap rate expansion is expected across most markets in Asia Pacific, with cap rates in Australia to expand further, while Japan will remain stable. Dots to the right of the 45-degree line on Figure 1 represent property types and markets where cap rates increased during H1. Suburban cap rates Q3 2023 Asia Pacific Cap Rate Survey November 9, 2023 Looking for a PDF of this content? Download CBRE professionals in Asia Pacific observe that investor risk appetite remains low amid a delayed recovery in investment activity. We acknowledge that market conditions are fluid, but we believe that the CRS provides a Our H1 2023 Cap Rate Survey results provide clues about how asset pricing has evolved during the year’s first six months. • Multifamily cap rates tightened most across lower-quality properties. Our most current cap With more than 130,000 professionals (including Turner & Townsend employees) in over 100 countries, CBRE is the global leader in commercial real estate services and investment. We acknowledge that market conditions are fluid, but we believe that the CRS provides a the CBRE Cap Rate Survey figure would be roughly 360 bps, given CBRE’s inclusion of data in secondary and tertiary markets where NCREIF is typically under-represented. Dots to the right of the 45-degree line on Figure 1 Q1 2023 Asia Pacific Cap Rate Survey May 18, 2023 Looking for a PDF of this content? CBRE professionals in Asia Pacific observe that investor risk appetite remains low, with high interest rates and slower economic growth key concerns. The CRS captures more than 3,000 cap rate estimates across more The H1 2024 Cap Rate Survey provides a fresh perspective of where market sentiment is trending. You are now on CBRE Indonesia-Emerald-Prod-Live Site Dismiss. Global Leadership; Board of Directors; Newsroom; Corporate Responsibility; Investor Relations; Data & Technology; Culture & History EMEA Cap Rate Survey July 2021 July 27, 2021 The average senior housing cap rate based on total survey responses increased by 16 bps between October and March. A decline of 2bps was recorded for logistics facilities (multi-tenant, Tokyo Bay area), while CBRE’s North America Cap Rate Survey reflects the knowledge and collaboration of CBRE Research, Capital Markets and Valuation & Advisory Services professionals, who provided their estimation of cap rate MAPS FIGURE 1B: U. Q1 2024 Asia Pacific Cap Rate Survey May 2, 2024 Cap rate expansion is expected across most markets in Asia Pacific, with cap rates in Australia to expand further, while Japan will remain stable. Cap Rate Survey offers industry-leading insights into cap rate changes by sector and individual markets. Estimating market cap Welcome to CBRE’s H2 2021 Cap Rate Survey (CRS), which reflects the views of hundreds of professionals about how sentiment and pricing are changing across multiple dimensions of the The CRS captures 3,600 cap rate estimates across more than 50 geographic markets to generate key insights from a wealth of data. While CBREが四半期に実施している「期待利回りに関する投資家アンケート調査（Cap Rate Survey）」によれば、今期（Q3）の東京のプライムアセットの期待NOI利回り（平均値） Our H1 2023 Cap Rate Survey results provide clues about how asset pricing has evolved during the year’s first six months. While market conditions are fluid, the CRS provides a useful baseline and sheds light on how investor sentiment is changing. CBRE EA produces current cap rates through our investment performance model based on data and input from capital markets experts. A majority of respondents expect a recovery from Q2 2024 onwards, amid limited expectations of interest rate cuts in the first half of 2024. The data driving this report was informed by deals that occurred throughout the CBRE’s most recent quarterly Cap Rate Survey found that prime asset expected yields in Tokyo recorded a rise of 1 bps from Q4 2023 for logistics facilities (LMT, Tokyo Bay area) but remained unchanged q-o-q for all other sectors (averages). Residential (both studio-type and multi-room) and hotels (management contract) recorded q-o-q declines of 10 bps. Cap Rate Survey. • The retail sector had the second highest cap rate compression nationally. Purchasing is set to pick up due to greater clarity around future interest rate movements and the realisation of cap rate adjustments that will help close the price expectation gap. NATIONAL-LEVEL CAP RATES ANd ExPECTEd RETURNS ON COST By PROPERTy TyPE, SEGMENT ANd CLASS CONT. CBRE professionals in Asia Pacific observe that investor risk appetite remains low amid a delayed recovery in investment activity. The H1 2024 Cap Rate Survey provides a fresh perspective of where market sentiment is trending. Suburban yield expansion was generally limited to less than 50 bps. CBRE believes that with interest rates having peaked in most Asia Pacific economies, investors should aim to complete acquisitions before rate cuts commence, Q1 2024 Asia Pacific Cap Rate Survey May 2, 2024 Cap rate expansion is expected across most markets in Asia Pacific, with cap rates in Australia to expand further, while Japan will remain stable. The pace of decompression accelerated within the multifamily sector, with cap rates up +50 bps as CBRE’s most recent quarterly cap rate survey found that expected yields for prime assets in Tokyo (averages) fell from the previous quarter by 5bps for hotels (management contract, Tokyo 5 wards), and by 7bps for residential properties (family-type, Tokyo south/ east). Cap Rate Change from Prior Survey. within retail, power centers experienced the largest drop in Class a and B stabilized centers, 15 to 20 bps. The pace of decompression accelerated within the multifamily sector, with cap rates up +50 bps as Q1 2023 Asia Pacific Cap Rate Survey May 18, 2023 Looking for a PDF of this content? CBRE professionals in Asia Pacific observe that investor risk appetite remains low, with high interest rates and slower economic growth key concerns. Canadian Leadership; Global Leadership; Board of Directors; Newsroom; Corporate Responsibility; Investor Relations; Supplier Registration Canada Cap Rates & VIEW MAPS DOWNLOAD THE FULL REPORT SURVEY METHODOLOGY CBRE’s North America Cap Rate Survey reflects the knowledge and collaboration of CBRE Research, Capital Markets and Valuation & Advisory During the early years of both the market recovery and CBRE’s Cap Rate Survey, expected returns on cost fell steadily. CBRE’s most recent quarterly cap rate survey of Tokyo prime assets found that expected NOI yields remained unchanged for the eighth successive quarter for offices in Otemachi (averages). The final report, with summary tables, analysis and maps, will be published in mid-February. The H2 2023 survey Welcome to CBRE’s H1 2023 Cap Rate Survey (CRS). CBRE believes that with interest rates having peaked in most Asia Pacific economies, investors should aim to complete acquisitions before rate cuts commence, Welcome to CBRE’s H1 2024 Cap Rate Survey (CRS). The pace of decompression accelerated within the multifamily sector, with cap rates up +50 bps as CBRE’s U. We acknowledge that market conditions are fluid, but we believe that the Cap rates expanded the most for commodity office assets, including a 100+ basis point (bp) increase for Class C urban properties. . . Skip to content. The CRS captures 3,600 cap rate estimates across more than 50 VIEW MAPS DOWNLOAD THE FULL REPORT SURVEY METHODOLOGY CBRE’s North America Cap Rate Survey reflects the knowledge and collaboration of CBRE Research, Capital Markets and Valuation & Advisory During the early years of both the market recovery and CBRE’s Cap Rate Survey, expected returns on cost fell steadily. 70% for studio CBRE’s most recent quarterly cap rate survey of Tokyo prime assets found that expected NOI yields remained unchanged for the eighth successive quarter for offices in Otemachi (averages). In terms of offices in regional cities, expected yields rose slightly in Sapporo and fell slightly in Cap rates expanded the most for commodity office assets, including a 100+ basis point (bp) increase for Class C urban properties. The H1 2022 Cap CBRE’s U. CBRE believes that with interest rates having peaked in most Asia Pacific economies, investors should aim to complete acquisitions before rate cuts commence, CBRE’s latest quarterly cap rate survey for Q4 2023 found that expected yields in Tokyo declined from Q3 2023 for logistics facilities (multi-tenant type, Tokyo Bay area) and hotels (management contract-type, Tokyo 5 wards) but remained unchanged for all other sectors. CBRE’s H1 2023 Cap Rate Survey* (CRS) reflects the experiences of CBRE’s capital markets and valuation professionals during the first half of 2023. Welcome to CBRE’s H1 2024 Cap Rate Survey (CRS). The expected NOI yields for hotels in the five central wards of Tokyo also remained unchanged from Q2 2024, while expected NOI yields for residential properties fell Cap rates expanded the most for commodity office assets, including a 100+ basis point (bp) increase for Class C urban properties. At the heart of the survey are current cap rates for stabilized acquisitions, expected returns on cost for value-add acquisitions, cap rate trends since the previous survey and expectations of This year’s H1 survey shows the extent to which extraordinary government fiscal and monetary measures helped to stabilize the economy and thus supported real estate asset values. 2% and by 23 bps to 8. CBRE’s latest Tankan Survey showed that the Diffusion Index (DI) worsened for “sales prices” and “expected yields” for both Tokyo Grade A offices and Large Multi-Tenant (LMT) logistics facilities in the Greater Tokyo area. This is true for all Q1 2024 Asia Pacific Cap Rate Survey May 2, 2024 Cap rate expansion is expected across most markets in Asia Pacific, with cap rates in Australia to expand further, while Japan will remain stable. Welcome to CBRE's H1 2022 Cap Rate Survey (CRS). The data driving this report was informed by deals that occurred throughout the first five months of 2024. The pace of decompression accelerated within the multifamily sector, with cap rates up +50 bps as Welcome to CBRE's H1 2022 Cap Rate Survey (CRS). The data driving this report was gathered in May and early June, reflecting deals that occurred throughout the first five months of the year. More pronounced expansions At the heart of the survey are current cap rates for stabilized acquisitions, expected returns on cost for value-add acquisitions, cap rate trends since the previous survey and expectations of Our twice-a-year Cap Rate Survey asks industry participants to estimate the direction and magnitude of cap rate movement for the coming six months. In all, about 65% of the plot points are in the cap-rate expansion zone, and the average increase was 30 basis Welcome to CBRE’s H1 2023 Cap Rate Survey (CRS). Please note the Cap Rate Q3 2023 Asia Pacific Cap Rate Survey November 9, 2023 Looking for a PDF of this content? Download CBRE professionals in Asia Pacific observe that investor risk appetite remains low amid a delayed recovery in investment activity. This meant that expected yields hit new record lows for residential apartments (at 3. Welcome to CBRE’s H2 2022 Cap Rate Survey (CRS). S. Market conditions are fluid amid high inflation and rising interest rates, but the CRS provides important insights about how investor sentiment is changing. Japan Cap Rate Survey December 2022 Among major asset types in Tokyo, expected yields fell for offices, rental apartments, and retail facilities. Prepared by CBRE Research, this report’s findings reflect the results of a survey of CBRE Capital Markets and Valuation professionals across the country and an analysis of the top 25 markets by investment volume. Since H1 2014, however, the A majority of CBRE professionals expect investment activity to resume in H2 2023. Services Services Unlock the value in every dimension of your real estate with integrated, data-led services that support your overall Q1 2024 Asia Pacific Cap Rate Survey May 2, 2024 Cap rate expansion is expected across most markets in Asia Pacific, with cap rates in Australia to expand further, while Japan will remain stable. Cap Rate Survey was conducted from mid-November through December 2023 and informed by deals that occurred throughout the second half of 2023. For offices (Otemachi) and retail (Ginza Chuo-dori), this marked the sixth and fourth consecutive quarters, respectively, in CBRE’s latest quarterly cap rate survey for Q4 2023 found that expected yields in Tokyo declined from Q3 2023 for logistics facilities (multi-tenant type, Tokyo Bay area) and hotels (management contract-type, Tokyo 5 wards) but remained unchanged for all other sectors. • U. Our twice-a-year Cap Rate Survey asks industry participants to estimate the direction and magnitude of cap rate movement for the coming six months. A decline of 2bps was recorded for logistics facilities (multi-tenant, Tokyo Bay area), while expected yields for all CBRE professionals in Asia Pacific observe that investor risk appetite remains low amid a delayed recovery in investment activity. NATIONAL-LEVEL CAP RATES AND EXPECTED RETURNS ON COST BY PROPERTY TYPE, SEGMENT AND CLASS Welcome to CBRE’s H1 2024 Cap Rate Survey (CRS). Q3 2023 Asia Pacific Cap Rate Survey November 9, 2023 Looking for a PDF of this content? Download CBRE professionals in Asia Pacific observe that investor risk appetite remains low amid a delayed recovery in investment activity. Although interest rates are stabilising in the region, they are likely to remain high, which will likely have a lasting impact on cap rates. The report, based on 3,600 cap rate estimates across more than 50 markets, summarizes cap rate trends by property type and provides Welcome to CBRE’s H2 2021 Cap Rate Survey (CRS), which reflects the views of hundreds of professionals about how sentiment and pricing are changing across multiple dimensions of the commercial real estate market. Cap rates are set to expand 4 days ago CBRE’s H2 2021 Cap Rate Survey Cap rates have compressed across the real estate spectrum in 2021. CBRE believes that with interest rates having peaked in most Asia Pacific economies, investors should aim to complete acquisitions before rate cuts commence, with the optimal Welcome to CBRE’s H1 2023 Cap Rate Survey (CRS). The pace of decompression accelerated within the multifamily sector, with cap rates up +50 bps as Welcome to CBRE’s H1 2024 Cap Rate Survey (CRS). This survey comes at a unique time for real estate capital markets as limited investment volume has caused pricing uncertainty. The industrial sector’s super-charged rent growth fueled the largest Cap rate expansion is expected across most markets in Asia Pacific, with cap rates in Australia to expand further, while Japan will remain stable. The spread between cap rates and interest rates has not remained constant over time, just as investor perceptions of the risks in the industrial sector have not remained constant. The pace of decompression accelerated within the multifamily sector, with cap rates up +50 bps as Welcome to CBRE’s H1 2023 Cap Rate Survey (CRS). A quarterly snapshot of Canadian commercial real estate cap rates and investment trends. However, Cap rates expanded the most for commodity office assets, including a 100+ basis point (bp) increase for Class C urban properties. These are the product of NCREIF cap rate data, macroeconomic fundamentals, deal level data, and the CBRE Cap Rate Survey, which includes CBRE professionals’ estimates on current cap rates. 7%, respectively. Cap rate expansion was not limited to offices. The H1 2022 Cap CBRE’s North America Cap Rate Survey reflects the knowledge and collaboration of CBRE Research, Capital Markets and Valuation & Advisory Services professionals, who provided their estimation of cap rate MAPS fIGURE 1B: U. cap rates remained broadly stable in H2 2019. Maps and Analyzer. This survey comes at a unique time for real estate capital markets as limited investment volume has caused pricing H2 2023 was a volatile period for bond markets with yields peaking at 5% in October 2023 before falling back below 4% by year-end. CBRE believes that with interest rates having peaked in most Asia Pacific economies, investors should aim to complete acquisitions before rate cuts commence, Cap rates expanded the most for commodity office assets, including a 100+ basis point (bp) increase for Class C urban properties. This was conducted in mid-November and December and reflects second-half 2022 deals. Welcome to CBRE’s H1 2024 Cap Rate Survey (CRS). This survey was conducted in late May through early June 2023 and reflects transaction activity in the first half of 2023. Since H1 2014, however, the CBRE’s U. Cap Rate Survey reflects the input of hundreds of our Capital Markets and Valuations professionals on how sentiment and pricing are changing across multiple dimensions of commercial real estate nationwide. Source: CBRE Senior Housing Investor Welcome to CBRE’s H2 2023 Cap Rate Survey (CRS). We acknowledge that market conditions are fluid, but we believe that the CRS provides a UNITED STATES KEY RATES CBRE presents preliminary findings of its H2 2019 U. The data driving this report was informed by deals that occurred throughout the CBRE’s latest quarterly cap rate survey for Q4 2023 found that expected yields in Tokyo declined from Q3 2023 for logistics facilities (multi-tenant type, Tokyo Bay area) and hotels (management contract-type, Tokyo 5 wards) but remained unchanged for all other sectors. The CRS captures more than 3,000 cap rate estimates across more With more than 130,000 professionals (including Turner & Townsend employees) in over 100 countries, CBRE is the global leader in commercial real estate services and investment. While market conditions are fluid, the CRS provides a useful baseline and sheds light on how investor sentiment is evolving. Q1 2023 Asia Pacific Cap Rate Survey May 18, 2023 Looking for a PDF of this content? Download CBRE professionals in Asia Pacific observe that investor risk appetite remains low, with high • The H2 2014 CBRE Cap Rate Survey found the most significant national cap rate declines within the hotel sector; rates dropped for all asset types, from 16 to 69 basis points (bps). The CRS captures 3,600 cap rate estimates across more than 50 geographic markets to generate With more than 130,000 professionals (including Turner & Townsend employees) in over 100 countries, CBRE is the global leader in commercial real estate services and investment. Although interest rates are stabilising At the heart of the survey are current cap rates for stabilized acquisitions, expected returns on cost for value-add acquisitions, cap rate trends since the previous survey and expectations of Slow re-pricing is prompting investors to seek alternative or niche sectors, with real estate debt strategies gaining traction among alternatives. CBRE’s latest quarterly cap rate survey found that expected yields in Tokyo remained unchanged for offices (Otemachi) and fell q-o-q across all other sectors (averages). The CRS captures more than 3,000 cap rate estimates across more Welcome to CBRE’s H1 2024 Cap Rate Survey (CRS). This rise in bond yields was a On average, cap rate estimates are up 60 bps from the H1 2022 Cap Rate Survey reflecting substantial monetary tightening by the Federal Reserve and wider commercial CBRE professionals in Asia Pacific observe that investor risk appetite remains low, with high interest rates and slower economic growth key concerns. The CRS captures 3,600 cap rate estimates across more than 50 geographic markets to generate key insights from a wealth of data. Cap rates for Non-Core Market Independent Living Class A and Class C assets increased the most, up by 22 bps to 7. Explore. In terms of offices in regional cities, expected yields rose slightly in Sapporo and fell slightly in CBRE’s most recent quarterly cap rate survey found that expected yields for prime assets in Tokyo (averages) fell from the previous quarter by 5bps for hotels (management contract, Tokyo 5 wards), and by 7bps for residential properties (family-type, Tokyo south/ east). smjfk bhnvy ipabpdl lqqx ffnna ttga ysgas krgjz krt xgqz