Dublin’s private rented sector is becoming long-term stable asset, says new report

Hooke & MacDonald study refutes the argument that councils can provide social housing cheaper than the private sector

Investor interest and demand for private rented sector properties remained strong last year: 94 apartments by Winterbrook at Harbour Road, Dalkey were forward sold to ILIM for about €54 million

A comprehensive report on the performance of Dublin’s private rented sector (PRS) in the latter half of 2020 revealed a sector fast becoming a long-term stable asset class in Ireland.

The report, by Hooke & MacDonald, also refutes the argument put forward by some people that Dublin City Council and other councils can provide social housing cheaper than the private sector.

According to the long-established agency, the PRS and multi-family sector is now being generally ...