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.
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Rent inflation outpaces capital growth in prime world cities
60% of global cities tracked by Savills saw property values increase in the first half of the year, led by Tokyo and Berlin, while 77% saw rental prices rise.
Dubai & Bangkok lead world city prime rental growth
Savills expects the pace of rental growth to ease in global wealth centres this year.
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.
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