Commercial Property

2023 Belfast development propelled by student digs, hotels and residential schemes

Deloitte crane survey unveils Belfast’s development landscape spurred on by an increase in visitors and regeneration projects along the city’s waterfront.

Nine major developments were completed in Belfast in 2023. Picture: Getty

A regional crane survey conducted by Deloitte in Belfast has revealed that new student accommodation, hotels and residential schemes were the key drivers of development activity in Belfast in 2023.

The report monitors construction activity in Belfast across a range of sectors including offices, residential, hotels, retail, education and student housing, and is seen as a barometer of developer sentiment and future plans.

The survey showed that in total 20 major schemes were under construction ...