After posting a downturn last quarter, the ICC recovered over Q2 2016. With a 0.5% increase in the index, it now stands at 1,622 points compared with 1,615 last quarter.
In parallel, the ILAT still saw annual growth post a moderate increase with a 0.5% year-on-year increase. The index stood at 108.41 in Q2 2016, compared with 107.86 over the same period last year.
In conclusion for commercial leases, the ILC index remained stable and positive over Q2 2016. Its value remained unchanged quarter on quarter: 108.40 points, representing a slight 0.02% year-on-year increase. The retail rents index has remained relatively stable for over three years, fluctuating in a range from 108.32 to 108.53.