Finance

RANKED: Luxury rent prices in 17 in of the world’s leading cities

Posted on

Zurich copyAleksandarGeorgiev / Getty Images

LONDON — Luxury rentals in the the world’s major financial cities showed sluggish growth in the first half of the year, according to data from Knight Frank.

The estate agent’s latest Prime Global Rental Index showed the overall cost of rents increase by 0.5% in the first quarter of 2017.

Cities in the Middle East showed the strongest rise in prime rents, up 1.7%, while Europe, racked by political uncertainty, showed the weakest growth and fell by 0.3%.

Knight Frank classifies “prime” property as the top 5% of the housing market in each city. Here is how the index breaks down.

The percentage described in the index refers to the 12-month change in rental prices.

View As: One PageSlides

Related Items:
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular

82.6K
Automotive

Comment Of The Day: Truth In Bragging Edition
34.3K
Finance

The world’s most popular migrant routes, in maps
29.6K
Tech

1920+: Alternate history WWI shooter with friggin’ amazing concept art
29.4K
Tech

iPhone 6c specs, price and design revealed in huge new leak
28.6K
Tech

Galaxy S7 edge concept design has us craving the real thing
Sports

The good, the bad, and the unknown in athlete investments
25.1K
Automotive

Remember the Fiero-based Pontiac Mera?
Finance

Amazon poached 30 executives from Microsoft in the past 3 years — 6 times as many executives as the next lead poacher, Google (AMZN)
To Top