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Ireland has been struggling to provide adequate affordable housing — a problem that has only been exacerbated by the pandemic. In Q4 2021, Daft, a property website, reported that rent prices throughout the country were up by 10%, with the average price for a unit totalling £1,524.
Investors and developers may view this as an opportunity to build more multifamily housing in the country, but before they commit to a site, they need to do their research to find out which areas people are most eager to call home, and how to make sure their projects can reach the Irish residents most in need of housing. Before putting down the funds, however, they may wonder which areas of Ireland residents will want to call home and how to coordinate regeneration projects to prioritize the people with the most need.
At Bisnow’s in-person event, Scaling Up Ireland’s Housing: Residential Update, on 10 May, attendees can learn more about the trends in Ireland’s residential sector and how CRE professionals can work together to approach the country’s housing shortage.
Click here to register for this event and view Bisnow’s Covid-19 safety guidelines and protocols.
Speakers and panelists include:
Evolution of Ireland’s Rental and Residential Investment Market: Supply and Demand for Beds:
— Matt Brennan, principal, Avestus.
— Niamh O’Connor, executive director, Summix Capital.
— Donald MacDonald, director, Hooke & MacDonald.
State of Ireland’s Housing Market
— Bob Jordan, CEO, The Housing Agent.
— David Cullen, managing director, Bain Capital.
— Martin Loughran, director of new business and property development, Tuath Housing.
— Pat Farrell, CEO, Irish Institutional Property.
Residential Development and Supply Pipeline: Challenges and Opportunities
— Rachel Kenny, director of planning, An Bord Pleanála.
— John Downey, managing director, DOWNEY.
Register here to have the opportunity to connect with CRE investors, developers, owners and other commercial real estate professionals and find out more about how to address the challenges of bringing forth more housing solutions to Ireland.
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