The new Prime Global Rental Index tracks the movement in luxury residential rents across ten cities globally. This first set of results confirm the extent to which top tier cities are seeing demand return and stock dwindle as workers, along with international students and corporate tenants return to the prime end of the market. New York and London lead the rankings with rents up 38.5% and 26.4% respectively in the year to Q1 2022, although this largely represents a return to pre-Covid levels.

Download the report here.