Nicholas Wallwork
Editor-in-Chief
Staff member
Premium Member
Property investors looking to add to their London residential rental portfolios need to pick their acquisitions carefully and plan further ahead, according to the latest report from property consultants Knight Frank.
Its Prime London Investment Index for June 2009 shows that average yields fell to 3.79%. It also shows that residential rents in central London fell 1.9% in the three months to June 2009, but prices actually rose by 3.7% putting downward pressure on yields.