Sydney prime office values and rents rising as it moves forward on the property clock: Jones Lang LaSalle

Sydney's prime office capital values market has moved from about seven o'clock to about eight o'clock on the property clock between the first and second quarters of 2012, according to Jones Lang LaSalle.

The real estate services firm puts Sydney's prime office capital values market in the "capital value growth accelerating" quadrant of its property clock, alongside the prime office capital values markets of Los Angeles, Frankfurt and Atlanta. 

Sydney's prime office rental market also progressed from about seven to about eight o'clock on the property clock, according to Jones Lang LaSalle.

Click to enlarge