Monday November 30, 2020

A global game-changer

Dublin is experiencing the impact of mobile international real estate investment, which is having an effect on the valuation of Irish properties, writes Peter Lundy.

18th May, 2013
New York: the effects of global interest have always been experienced in the Big Apple, but are also being seen now in Dublin. Photo: thinkstock

The nature of real estate investment is becoming increasingly globalised. In the current climate there is a need for valuers to provide expertise that is relevant not just to the local market but to the global market.

This is not restricted to the main global cities of New York, Paris and London, but is filtering downstream to other capital cities where good value is perceived to be available at a low point in the market....

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