The professionalisation of the rental market
Reits and professional landlords may move into developing their own properties, writes Naomi Powell
With rental prices soaring in the last year and fierce competition for apartments in key districts, some now believe that Reits and professional landlords could provide part of the solution to Dublin's housing shortage.
Peter Stafford, director of Property Industry Ireland, believes the market is at a ''critical juncture where institutional investors will stop buying leftover stock from the property boom and start developing ''purpose-built apartment complexes designed specifically for the current Irish market.
''I...
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