RT Journal Article SR Electronic T1 A Closer Look at Co-Movements in Global Office Rents JF The Journal of Portfolio Management FD Institutional Investor Journals SP 89 OP 98 DO 10.3905/jpm.2013.39.5.089 VO 39 IS 5 A1 Luciana Suran YR 2013 UL https://pm-research.com/content/39/5/89.abstract AB Do office rents across the globe move together? This is a question that should concern not just investors in real estate but also corporate occupiers with offices across regions and countries. This analysis investigates the existence of co-movements across global office markets by performing principal components analysis on a unique dataset of prime office rents in 32 global office markets. Results suggest that while rents in most markets appear to be driven by a common factor, regional and other differences persist, suggesting potential for diversification.TOPICS: Real estate, global, in portfolio management