The cap rate (yield) for the most prestigious assets in a given submarket.
Capital markets · Global
The cap rate (yield) for the most prestigious assets in a given submarket.
Prime yields are the benchmark for trophy asset valuations. Lower yield = higher valuation. Prime yield movement is the leading indicator for landlord concession appetite and capex programs.
Prime yield is part of the capital markets 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.