Back
News

Wellness offer boosts rents by up to 25%

Property developers could charge a 10-25% premium on developments that offer wellness facilities and activities, according to the Global Wellness Institute.

It found that there are more than 2,300 “wellness residential projects” around the world that are either built, partially built, or in development and that such schemes can command a price premium of 10-25% over conventional new-builds.

According to Knight Frank, half of the respondents in its Global Buyer Survey said wellness and wellbeing amenities factored into the type of property they would choose.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…