Dublin development site sales will exceed €700 million this year, a sevenfold increase on the €100 million sales in 2013, David Cantwell, a director of Hooke and MacDonald, told the property summit.
He also forecast that prices for Dublin development sites could increase by 50 per cent this year on top of the 25 per cent rise seen last year. However despite such increases, he added, development land prices are still well short of their peak.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team