{"id":1198,"date":"2015-04-23T14:59:49","date_gmt":"2015-04-23T14:59:49","guid":{"rendered":"http:\/\/poseidon-gp.com\/property\/?p=1198"},"modified":"2015-04-23T14:59:49","modified_gmt":"2015-04-23T14:59:49","slug":"prime-residential-rents-in-luxury-london-apartments-hit-their-highest-in-three-years","status":"publish","type":"post","link":"https:\/\/poseidon-gp.com\/property\/prime-residential-rents-in-luxury-london-apartments-hit-their-highest-in-three-years\/","title":{"rendered":"Prime residential rents in luxury London apartments hit their highest in three years"},"content":{"rendered":"<p>London&#8217;s prime residential rents have risen to their highest level in three years thanks to the improving economy and record employment levels, research out yesterday claims.<\/p>\n<p>Although growth in the capital slowed to just 0.5 per cent in the three months to the end of December, rents rose 3.3 per cent year-on-year \u2013 the highest rate since 2012 \u2013 Knight Frank\u2019s Global Rental Index showed.<\/p>\n<p>However, the quarterly survey showed that overall across the 17 key cities that it surveys was less impressive. Global rents rose by 0.6 per cent in 2014 \u2013 their weakest annual rise since 2009 \u2013 dragged down by Mos\u00adcow.<\/p>\n<div id=\"mpu_mobile_1\" class=\"dfp-ad in-content-mpu\"><\/div>\n<p>Moscow\u2019s prime rents are measured in US dollars and the fall is directly linked to the weakness of the rouble, Knight Frank said. Rents in the Russian capital fell by 16 per cent last year.<\/p>\n<p>Beijing was the second biggest faller, down 6.3 per cent, followed by Vienna, Geneva and Singapore.<\/p>\n<p>\u201cThe weakness of this quarter\u2019s results hides the fact that 12 of the 17 cities saw luxury residential rents increase or remain static,\u201d Knight Frank partner Kate Everett-Allen said.<\/p>\n<p>The best performing city was Tokyo thanks to the country emerging from a recession last year, with rents up 11.1 per cent year-on-year. Dubai and Zurich came in second and third place, with London the sixth best performing city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London&#8217;s prime residential rents have risen to their highest level in three years thanks to the improving economy and record employment levels, research out yesterday claims. Although growth in the capital slowed to just 0.5 per cent in the three months to the end of December, rents rose 3.3 per cent year-on-year \u2013 the highest [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,1],"tags":[],"class_list":["post-1198","post","type-post","status-publish","format-standard","hentry","category-news","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9PjAq-jk","_links":{"self":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/1198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/comments?post=1198"}],"version-history":[{"count":0,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/1198\/revisions"}],"wp:attachment":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/media?parent=1198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/categories?post=1198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/tags?post=1198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}