Strong returns in apartment rental sector tempting investors to bite
Rising residential yields look set to hold, easing worries over imbalance in the market
Prime Dublin apartment rental properties (PRS) are now being seen as more valuable in the eyes of investors than prime Dublin offices. This could augur well for increased apartment development as financial institutions, which have traditionally eschewed residential investment, might be tempted to switch horses.
This in turn could help assuage concerns that office projects dominate development activity to the detriment of residential and that the inflow of office workers could exacerbate trends in the...
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