The chief executive of Hibernia Reit, the publicly quoted Dublin office giant, has called for the introduction of a directly elected mayor for the capital to avoid chronic housing and infrastructure deficits.
Kevin Nowlan, whose company controls a property portfolio in the capital worth almost €1.2 billion, said that a shortage of residential units in Dublin would hamper growth in the economy and would prove a drag on FDI-led growth.
“If this situation goes on...
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