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Global luxury rental market levels out after ‘exceptional expansion’
Latest data points to a 'more mature' phase of the cycle, reports Knight Frank.
What to read next
Global luxury rental boom ‘is coming to a close’
Knight Frank's Prime Global Rental Index has recorded its first quarterly decline since Q1 2021.
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Global prime resi rental growth slides to three-year low
Tokyo leads international city rankings with annual uplift of 6%, while Toronto, Auckland & Singapore all saw rents fall in 2024.
Global super-prime market rebounds, with London back in the mix
Knight Frank tracked 636 US$10mn-plus resi deals worth US$11.4bn in Q1, with London climbing to fourth globally by deal volume as Dubai, Hong Kong and New York led the strongest quarter in a year.
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'Doing no harm isn't quite the same as doing some good,' comments one estate agency chief.
Shackleton’s Kensington base lists at £20mn after owner’s ‘extraordinary journey’
Vendor navigated RBKC’s notoriously tough planning system to turn the explorer’s former family home into an art-filled ‘masterpiece’.
Buyer lands rare Georgian mansion in Fulham
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Super-prime St John’s Wood project goes for above guide
'Buyers will move decisively for exceptional homes in the best locations,' says agency after sealing £10.1mn deal.
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Around 50 managed properties join the firm’s books as it continues its expansion across PCL & SW London.
Agency reports ‘renewed momentum’ in Prime Central London’s £4mn+ market
High-value transactions are up 62% as the firm continues to make heavyweight hires and expand its new broker division.
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