{
  "url": "https://classa.info/glossary/cap-rate",
  "title": "Cap rate",
  "description": "The yield at which an asset is valued — net operating income divided by capital value.",
  "oneSentenceAnswer": "The yield at which an asset is valued — net operating income divided by capital value.",
  "tldr": [
    "The yield at which an asset is valued — net operating income divided by capital value.",
    "Prime cap rates for Class A office in 2026 range from approximately 3.0% (Tokyo) to 7.5% (Dubai, Mumbai)."
  ],
  "keyFacts": {
    "category": "Capital markets",
    "regionScope": "Global"
  },
  "pageType": "glossary",
  "lastUpdated": "2026-04-01T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/glossary/cap-rate), updated 2026-04-01T00:00:00.000Z."
}