Commercial Property Price Index®
Pan-European Commercial Property Price Index
Commercial Property Prices Trending Upward
Newport Beach, CA, July 5, 2024 — The Green Street Commercial Property Price Index® increased 0.7% in June. Apartment prices increased 5%; pricing of other property types was unchanged.
“Property pricing bottomed late last year and it’s been on the rise since then,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “There are a few property types where pricing is lower, but for everything else, pricing is flat or higher since the end of last year.”
Learn more about the changes to our Commercial Property Price Index®
Green Street Commercial Property Price Index®
Green Street Commercial Property Price Index
Indexed to 100 in August 2007
Indexed to 100 in September 2007
All Property CPPI® weights: retail (20%), office (17.5%), apartment (15%), health care (15%), industrial (10%), lodging (7.5%), net lease (5%), self-storage (5%), manufactured home park (2.5%), and student housing (2.5%). Retail is mall (50%) and strip retail (50%).
Core Sector CPPI® weights: apartment (25%), industrial (25%), office (25%), and retail (25%).
Change in Commercial Property Values
Amount property values have increased over this period
July 5, 2024