Central London property rents set for 3% rise, report suggests | Europe | News
Residential rents in central London will grow by 3% this year, slightly ahead of the expected increase in average incomes, according to the latest forecasts from property consultants Cluttons.
‘This year's growth will have a positive impact on yields during a year when capital value growth will be at 2.5%, although rental growth has decreased since last year when we saw a phenomenal, albeit unsustainable, increase of almost 20%, said Andrew Stanford, Head of Residential consultancy division at Cluttons.
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