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Where are Dublin’s residential and other real estate sectors headed in 2022?
In a recent report, property website Daft.ie noted that demand for residential rental properties in Ireland’s capital has “clearly returned” after the disruption of Covid-19, with rents in Q4 2021 showing their greatest increase since early 2014. Housing sale prices, meanwhile, increased 7.7% in 2021.
“Covid-19 has shaken up Ireland’s housing market … but the underlying dynamic of weak supply given strong demand hasn’t gone away,” said Ronan Lyons, author of Daft.ie reports and an associate professor of economics at Trinity College Dublin. “While supply seems set to improve over coming years, easing pressure in the market, we will no doubt see more signs of a system under pressure before things turn.”
How long will the pressure last? Find out at Bisnow’s Dublin State of the Market event 24 March in Dublin, where Lyons will give the opening remarks.
He will be joined by other CRE experts who will discuss Dublin’s role as a technology hub and the importance of sustainable buildings. To register or learn more, click here.
A panel discussing the capital city’s importance for technology tenants will include:
— Moderator Sally Anne Stone, commercial real estate partner with Matheson.
— Aidan McManamon, regional vice president for Salesforce Ireland.
— Raimund Paetzmann, vice president of corporate real estate for Zalando.
— Daniel Shannon, director of tenant representation at Knight Frank.
— Paul Speariett, regional director at Yardi.
“Increasing a Building’s Lifespan” will be the topic of a panel moderated by James Allen, BTY director. Also scheduled to appear on the panel are:
— Alison Rohan, head of Ireland for Kennedy Wilson.
— Lynn Smith, head of sustainability and development for Europa Capital.
— Ward Frisby, development director at Ireland Greystar.
— Emma Leonard, associate director for Sigma Retail Partners.
— Maxime Laroussi, Urban Agency co-founder.
Speakers on a panel discussing the outlook for Dublin CRE will include:
— John Vaudin, managing director of Round Hill Capital.
— Ned Truman, co-founder of SW3 Capital.
— James Smith, Ireland asset management for M7 Real Estate.
This will be a live event at the Marker Hotel in Dublin. Bisnow is committed to practicing safe Covid-19 protocols at all events.
To learn more and register, click here.
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