Have developers really got their mojo working again?
With deep-pocketed international funds backing some well-known Irish developers, we may see bidding wars for trophy development sites
Estate agents will be testing the market in the coming weeks, when bidding starts on some valuable development sites which have just come to the market in Dublin and the commuter belt. To compete for these sites they will need to pony up at least €30 million and that’s before a sod is turned.
During the boom, Ireland’s trophy chasing developers needed little to persuade banks to finance site purchases and ...
