Tuesday September 22, 2020

Investors drawn by long-term income of social housing

More private funds are interested in providing state housing which, despite bringing in rents below market rates, has the advantages of 25-year leases and linkage to inflation

1st March, 2020
Mayeston Hall in Dublin 11: RediResi Icorp has bought 19 units for refurbishment and letting to local authorities

Investors are showing increased interest in providing multiple social housing units on long-term leases to local authorities and approved housing bodies which receive government funds, despite the fact that the rents offered by the government are below market rents.

Instead the investors are looking to the attraction of the 25-year long-term income stream as well as the linkage of rent increases to inflation as measured by the Consumer Price Index (CPI).

With a recent Daft...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Johnny O’Connor becomes head of commercial property while Steven Blanc is named head of residential and business development

Tina-Marie O'Neill | 2 days ago

Unit 23 North Park Business Park in Finglas extends to just over 600 square metres and has five car parking spaces

Tina-Marie O'Neill | 2 days ago

Family-owned McGrath group has also generated over €40 million from the sale of apartments in Germany

Donal Buckley | 2 days ago