Multi-family apartment deals play increasingly big role in the market

A new report by agents Hooke & MacDonald shows the increasing demand among investors for apartment blocks

The Neptune building at Honeypark in Dún Laoghaire: gross yields fell from 5.8 per cent in 2016 to 5.65 per cent earlier this year

As much as €74 million-worth of multi-family apartment block deals may be completed in the fourth quarter of this year, bringing to €500 million the value which these deals have achieved over the 24 months since the beginning of 2016. These are among the findings of a new report by agents Hooke & MacDonald, which shows the increasing demand among investors for apartment blocks.

With yields for these properties now trending close to ...