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In 2014 London has retained its status as the world investment capital of the world

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Rental value for luxury property in Central London has not changed the second consecutive month in a row. At the end of December and November 2014 shows that by the end of the year, probably influenced by the global economic crisis and General uncertainty in the real estate market of great Britain, which reduced the demand.

The elite real estate company Knight Frank has published its “index of prices for rent.”

And though monthly growth slowed to zero by the end of the year, that is in fact reduced to nothing, a year rent growth was 3.3%, the highest growth in rent over the past three years.

The report shows that the growth of prices in the housing rental market began in July 2014 against the background of improvements in the UK economy and at the same time on the background of increasing uncertainty in the market of purchase and sale, when the greatly reduced demand for real estate in Central London.

 

Despite the fact that economic performance in the UK has improved in the global economy cautious expectation due to a sharp fall in energy prices and uncertainty in the development of the economies of China and the Eurozone. Many companies defer the decision to purchase real estate to more clear times.

Over the past year there were a number of factors affecting the real estate market of great Britain, among them – the fall in oil prices, events in Syria and Hong Kong, Ebola, the intentions of the Federal Reserve to raise its key interest rate. All of these events positively affect the real estate market in the UK, attracting investments in the country with stable laws and a growing economy. London still remains a safe haven for investors from around the world.

Total income from investments in residential luxury properties in the UK – the rental yield plus the capital gains exceeded in 2014, the profitability of other types of assets.

For example, the number of tenants of Chinese luxury property in Central London rose in 2014 by 4 times in comparison with 2013.

 

® Maxim Savitsky. 14.01.2015,

ALBERT COURT, PRINCE CONSORT ROAD SW7 – £3,950,000

BERNERS STREET, FITZROVIA W1T – £1,995,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3 – £ 5,950,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3- £1950000

FITZJAMES AVENUE, WEST KENSINGTON W14 – £ 2,300,000

HANS COURT, HANS ROAD SW3 – £ 13,950,000

HENRY MOORE COURT, MANRESA ROAD, SW3 £ 12,000,000

IMPERIAL CRESCENT, IMPERIAL WHARF SW6 – £ 4,550,000

KENSINGTON SQUARE, KENSINGTON W8 – £ 7,000,000

MONTPELIER SQUARE, KNIGHTSBRIDGE SW7 – £13.3 million

TREVOR STREET, KNIGHTSBRIDGE SW7 £ 7,950,000

PENTHOUSE – BERNERS STREET, FITZROVIA W1T £4500000

 

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