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New effective and prime rent indices shine a light on what office occupiers are paying

Headline rents remain high in most office markets but are being protected by bigger incentives
CoStar's Market Effective Rent tool can reveal the true price of office space in a transformed occupancy market (CoStar)
CoStar's Market Effective Rent tool can reveal the true price of office space in a transformed occupancy market (CoStar)
CoStar Analytics
December 5, 2024 | 9:46 AM

Despite the sharp rise in office vacancies in recent years, average asking rents across the UK have continued to grow in nominal terms at a rate of 2% per year.

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