Prime London rents falter as bankers’ optimism fades

Rents in global prime cities have dropped a touch, says Knight Frank, although the rate of decline is slowing in the world's key financial centres..

The average weekly rent across Prime London increased by 1.6% (to £638 per week) in Q2, says Marsh & Parsons, but there were markedly different stories in the centre of town and the outer circle.

42 £5,000+ per week tenancies agreed in the first four months of 2017...