Residential

Residential investment market spurts ahead in second quarter

In spite of global challenges, the trend is expected to continue, with forward commit deals making up 65 per cent of transactions

Magna Drive apartment development in Citywest: bought by Ardstone for €122 million

Residential investment opportunities continue to attract competitive international bids, driven by an acute housing shortage and employment gains.

Despite global economic challenges which have accelerated at pace, the Irish economy continues to expand. Population growth, strong employment levels and a severe housing shortage remain key drivers of residential investment demand.

Despite inflationary pressures and increased borrowing costs, assets in this sector will remain sought after for the foreseeable future, with forward commit deals making up ...