The aristocratic landowner taking record rent from ‘cradle-to-grave’ health empire Property One of London’s biggest landowning families raked in record rent from its Marylebone property empire last year, helped by a surge in demand at its ‘cradle-to-grave’ private healthcare district. Howard de Walden Estates, which owns the Harley Street health district and the residential Marylebone Village, grew its rental income from the estate by 9.3 per [...]
Middle East expats rush back to London, luxury property rents spike Property An influx of people who have recently moved to the Middle East are now seeking short-term refuge in London, pushing up rents in the capital’s luxury property market – according to a leading estate agency. British, European and North American nationals have rushed to snap up short-term rentals in high-value London properties since the Iran [...]
‘Even luxury is subject to constraints’: Global prime rental growth slows Property After record growth in the past two years, global prime rents have cooled down to long-term levels as supply constraints start to ease and renters hit their price ceilings, according to new data. Average annual rental growth was 3.5 per cent in the 12 months to the end of June 2024, down from 7.4 per [...]