Dublin is ranked in the top three European cities for real estate investment mainly due to demand from overseas companies because of the number of tech jobs in the city. However, the shortage of office space in the city is predicted to continue for several years . “There has been a pretty rapid recovery and people are seeing a real shortage of prime office space in PwC Ireland ,” said Lisette van Doorn , Dublin ’s Real Estate Partner. Those who have already invested in the city or who choose to invest in the very near term are likely to see the highest total returns. The PwC/Urban Land Institute ( The PwC/Urban Land Institute ) Emerging Trends in Real Estate Europe 2016 report shows that Dublin is gaining plenty of capital investment which is driving demand for new property. However, it looks likley that Dublin has already reached its peak for opportunistic returns.
Dublin is ranked in the top three European cities for real estate investment mainly due to demand from overseas companies because of the number of tech jobs in the city. However, the shortage of office space in the city is predicted to continue for several years . “There has been a pretty rapid recovery and people are seeing a real shortage of prime office space in PwC Ireland ,” said Lisette van Doorn , Dublin ’s Real Estate Partner. The PwC/Urban Land Institute ( The PwC/Urban Land Institute ) Emerging Trends in Real Estate Europe 2016 report shows that Dublin is gaining plenty of capital investment which is driving demand for new property. However, it looks likley that Dublin has already reached its peak for opportunistic returns.