Dublin developers and investors fuel upturn in Belfast property market

Logistics and student accommodation are at the centre of increased activity in the city, with Bradbury Place development and waterfront BTR scheme among the key projects

18th July, 2021
Dublin developers and investors fuel upturn in Belfast property market
Joe O’Neill, chair of Renewed Ambition; Robert Ditty, executive director of CBRE NI; councillor Ryan Murphy; and Gavin Elliott, senior director of capital markets at CBRE NI, attend the launch of the research report Investing in Belfast’s Future

A pick-up of interest in Belfast’s property market has come from some Dublin developers and investors encouraged by increasing demand, particularly in the logistics and student accommodation sectors.

This was partly reflected in Elkstone Partners’ acquisition of a site on Belfast’s Bradbury Place where a £20 million (€23.4 million) student accommodation and retail scheme will be developed.

Ciarán McIntyre, chief commercial officer at Elkstone Partners, described the deal as marking...

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