The research also finds that yield variations for this type of building are not subject to the fluctuations of the more general market with a figure of between 6 and 6.5 per cent being typical over the period examined.
John Slade, Managing Director of Slade & Co said: "No matter what stage of the economic cycle, landmark office buildings will find a home. If they are let at the market rent, the yield has been remarkably consistent."
According to Slade, this is the first time that landmark buildings have been subject to critical analysis with the report finding that most of them are in 75%-plus prime locations and with values in excess of pounds 100 million ($165 million).
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