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

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

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

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.

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