European destination cities led luxury rental growth in 2018
"Of the 26 global luxury locations tracked by Savills over a third reported year-on-year growth in 2018 with 50% maintaining headline rents."
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"Of the 26 global luxury locations tracked by Savills over a third reported year-on-year growth in 2018 with 50% maintaining headline rents."
"Much of the growth in luxury spend in 2018 was driven by millennials and their younger counterparts Gen Z"
"Investment activity across the big luxury houses has intensified over the last three years. Across the top 10, funding volumes (based on known values) reached $8.3bn, 10 times that seen in 2016"
"The retrenchment to core destination cities seen last year will continue in 2019"
"Rising on a global stage, tech centres such as Bengaluru, Chengdu and Buenos Aires are magnets for talent in their regions, supported by lower-cost real estate"
"Moving up the ranking of top-tier world cities, Paris looks increasingly attractive thanks to tax reforms"
"Expansion and infrastructure are key to the city’s future growth"
"The young and the elderly are shaping demand for some of the industry's fastest growing asset classes"
"The way people live is changing, social trends and demographic shifts are altering the type of accommodation people inhabit. This is driving demand for ‘alternative’ forms of accommodation"
"Look beyond the purchase price for a more realistic view of buying prime property around the world"