Private rental sector demand set to grow

Dublin is among the most attractive locations in the world for investing in multi-family market as the recovery continues and new regulations favour institutional landlords

12 Hazelbrook Square: a scheme of 54 apartments bought for €18.25 million (TWM acted for the purchaser)

The commercial property market has been particularly buoyant since the economic recovery began around the beginning of 2012, with over €20 billion worth of investment property transacting in that seven-year period. This compares with less than €9 billion transacting in the seven years preceding this.

The Irish investment market had traditionally been driven by commercial assets offering verifiable tenant covenants and long lease terms. However, the market is now modifying itself to meet ...