Commercial Report

Investor interest in Irish market holds firm, despite interest rates jitters

The private rented sector was the top investment class in Dublin in the first two quarters of 2022, which was then overtaken by the office market

Newtown apartments, a 331-unit scheme by Gem Construction on the Malahide Road, sold by Hooke & MacDonald

Despite recent rumbles of interest-rate associated jitters, particularly in the private rental sector, the latest analysis of the residential investment sector by Hooke & MacDonald revealed that interest in the Irish market, and Dublin PRS in particular, remains considerable.

Notably, while the multi-family/private rented sector was the top investment asset class in the Greater Dublin Area in the first two quarters of 2022, it was overtaken by the office market investments in the third quarter ...