Friday August 7, 2020

To fix residential market, address the burning issues

Trends over the past three years show very low development activity levels in the new homes sector in Ireland.

6th July, 2014
Alto Vetro, Grand Canal Dock, Dublin 2: demand for small city-centre units is likely to increase.

Trends over the past three years show very low development activity levels in the new homes sector in Ireland, with approximately 8,500 units being built per annum, compared with the need for as many as 28,000 to 30,000 new homes nationally per annum.

There is huge appetite both domestically and internationally to put capital to work and to increase output of housing. AIB and Bank of Ireland have specific New Homes funds available of approximately €700 million combined,...

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