Rent growth cools to below pre-Covid levels across key world cities
But 'the structural under-supply of new accommodation in major cities means rents are likely to rise faster than trend levels over the next few years,' says Knight Frank's research chief.
Prime city residential rental growth eases
Prime global rents have jumped up by an average of 26% in the last three years, according to Knight Frank's latest index.
Prime global rents climb to record highs, but the pace of growth is easing
Singapore and London have seen the biggest prime rental price increases over the last year, according to Knight Frank's latest city index.
Rental price growth ‘stabilises’ in prime global cities
'Even the luxury sector is subject to affordability constraints', says Knight Frank as it heralds 'an end to the substantial upward repricing' of rental markets in key global cities.
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Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Prime London buyers resurface after Budget clarity – but vendors beat a retreat
Property sales spiked as uncertainty lifted in November, according to LonRes, though supply-side trends point to a cautious year-end.
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