The real estate outlook for 2020

Prepare for the vacant sites levy having an impact on land banks, campus-style office developments, a retail shift to food and beverages and, in residential, the advent of near-zero energy homes

19th January, 2020
More investment is likely to come from Hong Kong and Singapore in the next 12 months. Picture: Getty

It’s expected that in any given year real estate companies will be optimistic in their outlook for the year ahead. Yet when one considers the widely unexpected record spend of €7.2 billion in the Irish investment market in 2019 – despite the year’s many challenges, the industry’s positivity for a healthy dose of the same or similar in 2020 is arguably understandable.

Generally, agents across the board have recognised the importance...

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