• Demand for residential investment in Ireland remained strong during the first half of 2019, following strong volumes of activity experienced in 2018. Several of the large transactions completed in this sector in H1 2019 were re-trades of standing stock
  • Over 140 residential investment transactions extending to more than €1 million were completed in Ireland since 2012 amounting to a total spend of over €3.5 billion, with H1 2019 being the strongest half year so far in terms of the number and volume
  • Dublin is now one of the Top 10 destinations in Europe for cross border multifamily investment
  • Over €898 million of residential investment transactions were completed in 16 transactions during the first half of 2019 of which 21% were forward commit transactions

  • Residential accounted for 43% of investment spend in Ireland in H1 2019 – the first time that this sector has eclipsed more traditional sectors such as offices and retail

  • We have seen an increase in applications to develop apartment schemes with planning permission granted in the State for 2,592
    apartment units in Q1 2019, compared with 1,953 units in Q1 2018 - an increase of 32.7%

  • Recent transactions bring the number of residential units under institutional ownership in Ireland to approximately 11,700 - an increase of 2,340 units (25%) from the end of 2018 although institutional ownership in general remains low in overall terms
  •  Almost half of all residential units purchased for investment in the first half of 2019 were outside of Dublin, primarily due to two national portfolios changing hands in the period
  • Prime residential yields in Dublin remain steady at 3.85%, having compressed by 40 basis points in the last 12-month period - a return that is attractive compared to other locations in Europe