The CBRE global basket of prime retail rents increased by 0.8% over Q1 2012. The Americas led the way with growth of 3.4% quarter-over-quarter, largely due to strong growth in a handful of cities, followed by Asia Pacific, which recorded modest growth of 0.5%. EMEA experienced rental declines in a few markets and averaged a quarterly decline of -0.2%. On the year, however, rental growth is still positive across all regions, contributing to an annual growth rate of 2.9% for the basket as a whole.
Source : CBRE