Housing investment strong despite challenges - survey

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 61%

Nigeria News News

Foreign capital represented nearly two-thirds of the money spent on housing projects in the first half of the year, according to real estate agents Cushman & Wakefield.

Its latest survey of the country's 'living sector' - which includes the private rented sector, social housing, student accommodation, nursing homes and retirement communities - shows that €877m was spent on developments in the first six months of the year.The survey says that 63% of that money came from foreign investors, as Ireland continued to offer"competitive returns" when compared to other European countries.

Cushman & Wakefield said demand continued to outstrip supply in the market, while it said certain sectors were primed for particularly strong growth.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Strong demand’ for student housing pulls investors into Irish market‘Silver tsunami’ of baby boomers expected to drive capital into nursing home sector, says Cushman & Wakefield here we go, another short sighted boom Is this a PR statement on behalf of property funds? Of course they would, FineGael in particular have shown them how easy it 2 profit in Ireland,particularly in Student Accommodation,make a killing during college term & absolutely millk it in summer,short term lets, Refugees etc,it's a win win & little tax 2 pay HowIrelandWorks
Source: IrishTimes - 🏆 3. / 98 Read more »