Prime global rents ‘struggling to achieve growth’ – Knight Frank
Rents in 17 world cities nudged up by an average of just 0.5% in the 12 months to Q1 2017
What to read next
Prime global rents ‘struggling for growth’
"The heady days of 5% annual growth look unlikely to be repeated for some time," says Knight Frank's Kate Everett-Allen, as the firm's Prime Global Rental Index hovers close to the zero mark.
Prime rents fell most rapidly in London and Hong Kong last year – Knight Frank
Using its considerable research muscle to measure performance across seventeen major world cities, Knight Frank's Prime Global Rental Index recorded a 4.8% boost in 2013.
Cooling measures spread as global prime property price growth escalates
Vancouver is the latest global real estate hotspot looking to curb property price inflation (following the lead of Hong Kong, Singapore, Sydney and more), bringing in a really quite chunky 15% levy…
Most read
UK Sotheby’s adds new directors covering PCL & West London
Luxury brokerage extends recruitment drive across prime postcodes with brace of sales appointments.
‘Buyers today have more choice than ever before’: Savills global resi chief on the battle for international wealth
Interview: Victoria Garrett discusses London’s place on the world stage, Dubai’s next phase, the impact of tax & geopolitics, and how developers are catering to an increasingly discerning clientele.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
Where did the Knightsbridge buyer go? James Moran on PCL’s shifting geography
Middleton Advisors' London sales boss explores the changing fortunes of one of the capital’s most famous enclaves - and where today’s moneyed purchasers have been turning their attention.
Investor snaps up nine Notting Hill flats in £11mn bulk deal
Agents flag renewed appetite for bulk resi acquisitions from overseas investors as prime London rents climb.
£37.5mn Banda-designed super-duplex unveiled at The OWO
In Pictures: Top-end studio delivers 3,804 sq ft heritage-inspired residence at luxury Raffles-branded scheme in Whitehall.
Government ramps up plans to regulate property agents
Update Industry Reactions: Ministers unveil licensing regime and independent regulator, going much further than proposals announced last year.
‘First hard evidence’ emerges of £2mn mansion tax effect on property prices
Fresh data confirms that transactions are 'bunching' below the incoming High Value Council Tax Surcharge threshold.
In Pictures: Historic Cotswold estate hits the market at £15mn
Substantial pile with Sims Hilditch interiors and a party barn launches with autumn selling season in full swing.
Alexander Main brings in senior hire for big lettings push
Former Domus Nova & Foxtons operator joins line-up to lead ambitious two-year-old agency’s new division.
LATEST ARTICLES
Grand Registry: Surveying the latest big-ticket deals to hit the official record
Land Registry data reveals a telling resale at one of Kensington’s most prestigious schemes, alongside a clutch of eight-figure deals across the capital.
Building Safety Levy goes live, with highest rates in prime London
Developers face new charge from today as Government begins £3.4bn drive to fund building safety works.
Aston Martin & Mouawad schemes help drive 66% revenue jump at Dar Global
London-listed luxury developer more than doubles first-half profits as portfolio GDV hits $23bn.
My Property Career: Quickfire Q&A with Jane Cronwright-Brown
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Tenant demand climbs in London, but supply is tight
Rental enquiries in the capital have risen above last year’s levels while stock is running 10% lower.