Tuesday January 21, 2020

Property experts warn of stalling development

Industry chiefs sound alarm on rent cap ‘contagion’ and ‘drip-fed’ policy changes

Killian Woods

Business reporter

8th December, 2019

International property investors have been spooked by a stream of policy changes in Ireland, industry experts have claimed.

There has been a spike in commercial and residential development in Ireland in recent years, led by a flow of international investment into the country. Property executives have warned the rate of investment and subsequent construction activity is under threat.

Knight Frank director James Meagher told the Business Post Property Summit last week that Ireland’s current “very...

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