The investment risks on the world's office real estate markets have perked up across the board, with few exceptions. The sustained global trend of declining risk rates that started in the summer of 2006 has thus been checked. This is the finding of the latest Real Estate Risk Trend report published by HSH Nordbank.
While the pace of the risk increase remains moderate, the development already reflects the impact of the financial crisis as well as the expectation that the economy will slow down. The most notable risk increases are reported from submarkets in New York and London. Paris and D