Property Investment

With no fewer than four separate industry reports issued over the past four days, there is a lot of data to interpret and understand this week. As noted last week, the Irish construction and real estate sectors are experiencing a notable shift, some of the trends emerging are positive, and some less so. The data…

Ireland’s commercial property market has experienced significant shifts in recent years, with the value of 1970s-era offices declining. Also, investment activity in the Irish property market has reached a new low, with higher interest rates by the European Central Bank dampening transaction activity. Against this backdrop, there is a growing trend of Irish developers converting…

As Ireland witnesses a record surge in home construction, the most recent ‘Housing for All’ quarterly update points to a significant opportunity for homebuilders across the country.  Our new Taoiseach Simon Harris and Housing Minister Darragh O’Brien, during the latest briefing at Government Buildings, outlined several measures that have been catalysts in boosting homebuilding activities…

Last week we were talking about the surge in development activity before the closure of the development levy waiver; this week, we are confident of the Housing Minister being supported in his attempts to extend this to the end of 2024. The refund on water connection charges is also a welcome relief to the residential…

The Business Post ran an interesting analysis this week of home building across the country and the data reveals a notable surge in housebuilding activities. This surge has been attributed to developers trying to get in under the wire of the development levies waiver. This exemption, designed to ease some financial pressures associated with the…

The Irish Independent this week reported on a house-building company that has gone into receivership, carrying commentary from the director who said he no longer plans to develop new homes as the system has become too tied up in bureaucracy. This case reported this week is particularly relevant and it is important for a number of…

It has been another few weeks of mixed market commentary, kicking off with a welcome vote of confidence from international investors, as highlighted by Cushman & Wakefield’s global survey. Ireland continues to rank highly as a preferred location for investment within the EMEA region, driven by its positive demographic backdrop and robust economic growth outlook.…

A week is a long time in politics… particularly this week. Within days of Leo Varadkar handing over the ceremonial bowl of Shamrock to the US president, his successor will have to address concerns raised by the American Chambers of Commerce about the negative impact of Ireland’s ongoing housing crisis on Irish-America business relations. The…

Regular readers will be familiar (perhaps, too familiar?) with our regular critiques of Ireland’s planning regimes and our frequent calls for this regime to keep pace with changes across housing demand and delivery.  This week, writing in the Irish Examiner, the Housing Minister – arguably the person with ultimate responsibility to provide a functioning planning…