Property Investment Funds | Business Post

John Walsh: To solve the housing crisis, we need realistic conversations on funding

Until we figure out who exactly will fund the construction of the thousands of homes we desperately need, we are going nowhere

Dominant funds could set rent prices in central areas of Dublin

Research shows that in nine postcodes, property investors control 40 per cent of rental properties

Return on investment in Irish property down two quarters in a row for first time since 2011

New report showing declining returns comes amid warnings that up to €10bn could be wiped off the value of commercial property in Ireland in 2023

Australian bank Macquarie sets aside €100m to buy Irish homes

Documents seen by the Business Post show that the fund has bought several homes in a housing estate in Carlow in March for €875,000

Central Bank sets strict limits to prevent large debts in property funds

The regulator also said the Irish economy should perform well, despite many other countries facing downturns

Funds told that council will not lease more homes in 33 north Dublin estates

Estate agents and property investors informed that 33 estates in north Dublin are ‘socially satisfied’ and therefore not eligible

Taoiseach says €1.7m starter home sale in north Dublin was ‘not competing with first-time buyers’

Investment funds have been accused of driving up prices in suburbs

The €1.7m starter home: How investment funds are inflating prices in Dublin suburbs

Mass purchasing of standard starter homes in Swords by a property investment vehicle has caused prices in the north county Dublin estate to spiral

Investors shelled out almost €1bn on second-hand Irish homes in 2021

Institutional investors and real estate firms snapped up one in ten second-hand homes in this country, amounting to more than 4,500 properties

Reason for dramatic fall in taxes paid by Irefs ‘yet to be identified’

A review by the Revenue Commissioners into the sharp decline in taxes paid by Irish real estate funds will not be completed until late 2023

‘Forward funding’ model enabling funds to avoid higher taxes

Department of Finance officials have found that if institutional investors ‘forward fund’ residential developments, they can avoid stamp duty charges on residential blocks because the property never technically changes hands

Revenue opens review into decline in taxes paid by large property funds

Rate paid by large property investors has fallen from 17.9 per cent in 2020 to 5.9 per cent last year

Commercial property

Aviva fund boss: ‘We try to sweat the assets more than our competitors’

Suzie Nolan, head of fund management at Aviva, says sustainability is a key focus of the €650 million-plus fund, which is now about to launch the ultra-modern office building 18 Lower Leeson Street in Dublin 2

Lost properties: the forces that are locking buyers out of the housing market

As the housing crisis continues, ordinary people are getting squeezed in bidding wars with small and large investors, while the state buys up other homes for social housing – forcing many to put their lives on pause as their search for a home goes on

Central Bank to introduce macroprudential rules for property funds

Gabriel Makhlouf, governor of the Central Bank, said the measures are designed to limit leverage and liquidity mismatches in the institutional property fund sector

Walking the line with equity funds

Not all institutional investors are ‘vultures’ hungry to feed on the vulnerable in Ireland’s property market. Many take a long-term view and bring vital development, without which we will never meet our housing targets