Market sees healthy demand for multi-family properties

Best prices are likely for new multi-family developments, or ones which have undergone significant refurbishment

12th February, 2017
The Casino, Malahide, a development of 105 apartments;

The recent 4 per cent cap on residential rent increases may affect different sectors of the market for multi-family residential investment properties in different ways. However, the underlying demand for such properties appears to be healthy, with a number of deals expected to complete in the near future.

Hooke and MacDonald has agreed a number of deals recently, the most valuable being 28 apartments at Castleforbes Square, Dublin 1, North Docklands, which have gone sale agreed...

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