london

London

London is one of the premiere global financial centers and a leading global city in fashion, arts, entertainment, commerce, and education. The metropolis is one of the globe’s leading investment destinations for foreign direct investment and boasts the highest concentration of UHNWI.

The most populous city in the UK and Europe with nearly 9 million people, the metropolitan area boasts the fifth largest GDP in the world. The population is projected to grow to 10.2 million by 2039 [1], and will support the city’s outsized GVA growth that has consistently exceeded the national average. This growth has fueled property prices in recent years, as London has seen capital appreciation of 50% since 2010. Property prices are expected to average £1 million by 2030 and rental rates are anticipated to rise by an average of 17% over the next five years [2].

[1] 2015 GlaIntelligence. Population Growth in London, 1939 – 2015.

[2] 2015 Residential Research. Knight Frank.UK Residential Market Forecast.