PRS remains a reliable investment option despite pandemic

Seen as a secure and stable investment, the private rental sector has been the most sought-after asset class in 2020

28th February, 2021
PRS remains a reliable investment option despite pandemic
Despite the challenging economic landscape, prime yields for PRS were remarkably resilient at 3.75 per cent

Since the onset of the coronavirus pandemic, the scale of the impact on the private rental sector (PRS) market has fluctuated in line with the path of the virus.

Investment for the year overall was robust, reaching an impressive €1.2 billion in 2020. Activity understandably slowed in the opening half of the year in response to the containment measures, but rebounded sharply in the third and fourth quarters, displaying remarkable resilience.

The final quarter of 2020...

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