The Jones Lang LaSalle prime average weighted yield finished 2011 at 5.5% after moving in by just seven basis points over the year.
Retail yields fluctuated the most over the 12-month period, hardening by 14bp to 5.29% by April before softening to finish 2012 at 5.39%.
Increased demand for long-dated income contributed to a hardening of prime industrial yields, culminating in a 25bp inward move to 5.78% in the last quarter of 2011.
Prime office yields remained broadly stable in 2012, coming in just 3bp to 5.62%.
