Dublin is the fifth busiest real estate market in Europe
Dublin is the fifth busiest real estate market in Europe with more than €3bn invested between the end of last year and the third quarter of 2021, according to a new report by consultancy firm PwC and the Urban Land Institute, a US-based think tank. This put the Irish capital on par with Paris and ahead of cities such as Oslo, Milan and Manchester. London came top with €16bn of capital inflows, followed by the German cities of Frankfurt, Berlin and Munich. Institutional property investors have flooded into Ireland over the past decade, taking advantage of strong rental yields. Estate agent Sherry FitzGerald estimates that private rental sector investors have invested c. €7bn into the Irish property market since 2011. The Irish Times, 22nd November 2021