Carol Tallon Talking Property: The rise of the professional landlord
They're cash-rich and they make up a fifth of the buyers in the market – but who are these ‘professional landlords’, and how do they operate?
A quick poll around a table at a recent industry meet-up found roughly 20 per cent of buyers in the Irish market at the moment are investors. That's not many when you consider that almost half of all transactions are for cash.
It is also a low number when you consider the large, international, institutional investors acquiring huge stakes in Irish property. These large funds, their buying power and their ultimate strategy is shrouded in mystery...
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