Change in market cap rates; the largest valuation driver.

Change in market cap rates; the largest valuation driver.
A 50 bps cap-rate shift on a 5% yield asset is a 10% value swing.

Yield shift

Investment · Global

Short definition

Change in market cap rates; the largest valuation driver.

Full definition

A 50 bps cap-rate shift on a 5% yield asset is a 10% value swing. Yield shift drove most of the 2022–24 valuation volatility in global Class A.

Why this matters for Class A leasing

Yield shift is part of the investment vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.

Change in market cap rates; the largest valuation driver.

Change in market cap rates; the largest valuation driver.
A 50 bps cap-rate shift on a 5% yield asset is a 10% value swing.

Yield shift

Investment · Global

Short definition

Change in market cap rates; the largest valuation driver.

Full definition

A 50 bps cap-rate shift on a 5% yield asset is a 10% value swing. Yield shift drove most of the 2022–24 valuation volatility in global Class A.

Why this matters for Class A leasing

Yield shift is part of the investment vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.