Saturday February 22, 2020

Ireland falling behind FDI rivals in apartment construction

Rate of building was second-lowest in 13 European markets in 2018, Goodbody’s research shows

Killian Woods

Business reporter

@killianwoods
5th February, 2020
3
The rate of apartment construction was only just ahead of Britain’s, and lagged seriously behind Finland, Switzerland, France and Spain

The rate of apartment-building in Ireland lagged behind key European hubs competing for foreign direct investment (FDI) in recent years.

New research published by Goodbody on the Irish private rented sector (PRS) compared Ireland with 13 markets in Europe and selection of cities in the US.

The data, which covered development activity in 2018, showed 0.7 new apartments were built per 1,000 of the Irish population. The rate of construction was only just ahead of Britain’s,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

New commission would devise a long-term vision for housing that would screen short-term, populist solutions

Killian Woods | 6 days ago

Home for Life is the country‘s only government-approved mortgage-to-rent provider. Its chief executive, Paul Cunningham, says the scheme allows people in mortgage arrears to remain as tenants in their homes which are bought and leased to the local authority

Tina-Marie O'Neill | 6 days ago

Liz O’Kane was the first in Ireland to tap into this idea for the property market – and she has built quite a reputation in the nearly two decades since

Liz O'Kane | 6 days ago