- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 10 Jan 2021
Irish property market - more independent market information needed
Amid unprecedented turmoil in the Irish property markets, there are still some major barriers to investment – most notably, the lack of finance. Securing debt remains the biggest stumbling block for the property market, according to a new research paper by the College of Estate Management.
But despite this, the Irish love affair with property – though severely tested – has not gone away. The research finds that the Irish commercial property market would really benefit from greater transparency, achieved through producing more independent market reports on commercial real estate in Ireland.
CEM’s study is based on two online surveys on Irish property investors’ attitudes towards investment in commercial property. One survey was carried out in 2008 and the other in 2011 to see how investors’ attitudes had changed amid the global economic crisis.
Secondary research found that market transparency in terms of transactional evidence and research in the Irish home property market is relatively opaque compared with other larger European property markets.
The home market would greatly benefit if more independent research and accurate transactional evidence were available, to give a more complete picture of the market to both domestic and foreign investors. Such information would allow occupiers and owners to operate with greater confidence.
Survey results also indicate that over the next three years, modern, well-let city centre offices will be sought after, whereas modern suburban offices, older city centre offices, Georgian offices and retail properties in the Irish investment market will be most prone to further falls in value.
Meanwhile those Irish investors in a position to acquire international property investments will be extremely cautious, and will only be seeking modern, fully-let properties in prime locations. There is now a clear shift in preference among Irish investors to prime investments in mature Western European markets as opposed to investments in the emerging markets.
 Find out more
 Related articles on Designing Buildings Wiki
Featured articles and news
Civil engineers and environmental methods of construction
Can the profession use its skills to save the world from climate change?
How faulty science resulted in sanitation reform.
Improving facilities, accessibility and overall appearance.
Free download of TG 12/2021 available.
TESP works with The Youth Group to form skill sharing network.
Big tech collaborates on platform for the built environment.
Letter signed by 21 organisations sent to MHCLG.
A look at the Government's strategic approach.
Steps to help reduce the spread of infection inside buildings.
This social media-centred hobby can be both dangerous and illegal.
Millwork wall treatment with a long and illustrious history.
HSE introduces cumulative exposure calculator.
The Edwardians and their houses.
Cut off from civilian life for over 900 years.
Click the button to subscribe.