Builds of new apartments are still thin on the ground
Hooke & MacDonald’s report reveals that, despite a rise in planning approvals, few such projects are coming on stream in Dublin due to high costs
So far this year, the private rental sector has accounted for a record 55 per cent of all property investment transactions in Dublin, followed by 29 per cent for offices. That’s according to Hooke & MacDonald’s new report on Dublin’s residential property investment market.
Four of the five largest Dublin property investment transactions in that period were PRS investment sales, yet there remains a shortage of new apartments under construction.
In the second ...