Q4 2020 saw a pick-up in investment turnover in Ireland’s property market, with €1.3bn invested in income producing real estate assets across 44 separate transactions. This brought year-to-date investment volumes to €3.0bn – just ahead of the ten-year average of €2.9bn. These are the primary findings of the latest Savills Ireland Investment Market in Minutes.
Key findings from the Savills report include:
• The office sector accounted for 41% of total turnover.
• Private Rental Sector (PRS) remained in high demand in Q4 2020, with deals worth €533m transacting bringing full-year expenditure to just under €1.2bn. This brought the PRS’s share of the investment market for 2020 to 39% – its highest-ever share and reflective of the defensive characteristics of this sector.
• Private equity investors and institutional investors were the dominant buyer types in 2020, making up 72% of total flows over the year.
John Ring, Director of Research at Savills Ireland
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