Sunday February 16, 2020

Multi-family housing attracts more than €2bn in investment

PRS trends raise concerns over sustainability of investor interest

19th January, 2020
Hooke & MacDonald is quoting €14.5 million for The Casino in Malahide, north Co Dublin

The multi-family sector attracted more than €2 billion in property investment in 2019 – half a billion euro more than expected, according to CBRE. Some of the key agents in the sector are hoping for another strong performance this year.

Most also expect the pace of rent increases to continue to slow down, but returns for investors may tighten. These trends, along with rising construction costs for apartment development, have raised questions about the sustainability of...

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