Prime office yields across Europe have continued to stabilise during the third quarter of 2009, in a further sign that the bottom of the investment cycle is in sight, property consultant Jones Lang LaSalle said on Wednesday. According to the broker's latest Prime European Office Yields Tracker, the aggregate yield moved in by five basis points over the quarter to 6%, and this was accounted for mainly by movement in Western Europe, with yields in CEE remaining flat. Only three markets witnessed yield decompressions (Eindhoven, Bucharest and Utrecht).
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