Leading North West property consultancy, Roger Hannah & Co, has produced research on the level of rental growth being experienced for their management portfolio.
In Quarter 2 of 2015, the level of rental growth from completed lease renewals and rent reviews hit an impressive 13.55%.
Commenting on the growth figures, Mark Keirl, Director of Roger Hannah & Co., said that ‘the rental growth must be viewed in the context of flat or negative rental growth over the past few years. The figures do, however, provide evidence of strong rental growth being experienced across the North West property market and at a rate above the forecasted level of growth. Certainly, the growth is very welcome for our clients after such a prolonged recession.’
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