Posts by Laura
Mixed Signals, Policy Shifts, and Global Insights in Irish Property – Weekly client briefing
Recent reporting in the Business Post challenges the government’s claims of a “record breaking” building boom in Ireland. Despite official figures showing 32,695 new homes built last year, significantly ahead of pre-pandemic levels, CSO data suggests actual house-building activity may be lower than reported. The article notes that while construction employment is approaching Celtic Tiger…
Read MoreIreland’s Housing Crisis: A Threat to Economic Growth and Social Stability
Weekly client briefing Within Lotus HQ, we are not prone to catastrophising, however, Ireland’s housing crisis has evolved beyond a shortage of homes; it now threatens to undermine the country’s economic prosperity and social fabric. The most recent bout of data releases paint a picture of a county unable to forecast the consequences of rapid…
Read MoreIrish Housing Supply Gap Widens Despite Construction Uptick: Weekly Client Briefing
According to the latest data from MyHome.ie, the supply of second-hand homes for sale has dramatically decreased over the past decade. In July 2024, there were only 12,477 such properties available, a stark 50 percent reduction from the 24,750 listed in July 2014. This decline is even more pronounced outside of Dublin, with Munster experiencing…
Read MoreClient Update: Proptech Trends for Ireland-Based Projects
As a leader in non-bank lending for real estate and construction projects in Ireland, the team here is always keeping an eye on industry trends that may impact your projects. With increasingly onerous compliance responsibilities across ESG that have a huge impact on construction delivery and the PRS, it is interesting to see the broader…
Read MoreRetail Resilience: Shifting Trends in Irish Commercial Property and Their Potential Impact on the Residential Market
It has been another interesting week for Ireland’s property market with attention turning to the retail sector following a few noteworthy deals offered, deals negotiated, and commercial court judgements – you can read more about any of these across The Irish Times and Independent this week, however, TheCurrency has some particularly interesting analysis to put…
Read MoreClient Briefing: Housing Department Review of Private Rental Sector – Key Proposals
Earlier this week the Department of Housing released its review of Ireland’s private rental sector, proposing a series of ambitious initiatives aimed at addressing the challenges facing both tenants and landlords. This ‘sweeping’ reform package touches on various aspects of the rental market, from rent regulation to investment incentives, and seeks to create a more…
Read MorePlanning Changes Impacting Housing Delivery: Client Update
It continues to be an uncharacteristically busy summer season on the property front. Latest data reveals that An Bord Pleanála is still grappling with a substantial backlog, despite significant additional resources being made available to the body. Over 1,000 planning decisions, impacting the delivery of more than 20,000 new homes, are pending for more…
Read MoreNew Population & Housing Data Billed as ‘Evidence for Policy’
But will that evidence be used to shape housing policy? The ESRI issued an important report this week painting a clearer picture of ‘Population Projections, the Flow of New Households, and Structural Housing Demand’ for Ireland in 2024. These newly released stats provide a useful, data-driven roadmap for homebuilders looking to leverage current opportunities in…
Read MoreUrgent Reassessment Needed to Bolster Dublin’s Rental Sector
After last week’s run of industry news reports, two of Dublin’s biggest agencies released further rental market data this week that points to the need for urgent action. Reports from property firms Hooke & MacDonald and Savills have highlighted the dire state of Dublin’s private rented sector (PRS), urging the government to reconsider rental cap…
Read MoreUnderlying Market Dynamics: New data from CSO, Sherry Fitzgerald, Turner & Townsend, Davy
It has been a surprisingly busy week for industry resorts, which is quite unusual for this time of the year. Data from the CSO, Sherry Fitzgerald, Turner & Townsend, Davy and others paint a dynamic yet challenging picture of the Irish marketplace, with significant property price increases, persistent demand for new housing, stubborn construction costs…
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