Commercial Property

Expert opinion: Residential land hoarding is more fiction than fact

Often the lack of development is down to factors that are out of the control of landowners, writes

Many market commentators estimate Ireland’s annual need for housing to be in the region of 50,000-60,000 units a year

While development land trades have slowed, demand for well positioned sites remains strong, particularly for residentially zoned sites. However, landowners should be aware of the need for fresh thinking on such transactions, as well as the challenges that could be involved.

Until relatively recently, the demand for development land appeared to be unabated. A low interest rate environment and the emergence of alternative forms of residential development – including build-to-rent, co-living (now banned), social housing ...