Student digs do well with international investors
At present Dublin has 14,833 dedicated student beds, which estate agent Knight Frank estimates accommodates only 18 per cent of the student population
Deals for more than €323 million worth of student accommodation projects in Dublin, Cork and Galway have been done or agreed in the last 20 months as both international and Irish investors are buying new developments even before they are completed.
The strength of investor demand spells good news, not alone in addressing the shortage of student accommodation and in freeing up other accommodation for the private rental market, but also in encouraging Irish developers to...
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