Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Irish Development Land Marketbeat Q2 2023

Tom McCabe • 09/08/2023

Deal flow drops below levels seen during COVID pandemic. Activity in the development land segment was subdued in the first half of the year with approximately €130 million worth of transactions across 45 deals, down 67% from €390 million in the first half of 2022 and below levels seen during the height of the COVID pandemic in 2020. 

  • Finance and construction costs remain key short-term constraints to development activity
  • Housing fundamentals remain solid even as inflation rates ease
  • The Greater Dublin Area remains popular
  • Commercial development site deal activity was weak in the first half of 2023 with just under €24 million in deals taking place

“The first half of 2023 was a sluggish period for development land sales, hindered by continued increases in Euro area interest rates and still elevated construction costs. However, the longer-term picture for well-located residential and commercial developments still appears robust.” Paul Nalty, Associate Director, Development Land at Cushman and Wakefield

More Insight

main streets across the world 2023
Research

Main Streets Across the World 2023

In this 33rd edition of Main Streets Across the World, we’ll explore the near-term outlook for the retail sector; headline rent and ranking changes for best-in-class urban locations across the world; key indicators and global main street rankings; and key trends to watch such as the cost-of-living crunch, e-commerce and more.
21/11/2023
Dublin-Industrial-Marketbeat-2023-CardImg
Research

Dublin Industrial Marketbeat

The Industrial and logistics markets has been one of the strongest performing property sectors from an occupational perspective.
Tom McCabe • 16/11/2023
Irish Student Report
Research

Irish Student Accommodation Report

This report provides an in-depth analysis of the PBSA market in Ireland by examining the current market, supply and demand, opportunities and challenges, investment, and the outlook for PBSA in Ireland.
David Walls • 14/11/2023

RECENT NEWS

Futures of Cities
Future of Cities: Future of Living Event

Join us for a virtual event on Tuesday, 17 May between 8:30- 10:00hrs (GMT+1) to find out what our experts views are on the future of living in cities such as Dublin. 

10/05/2022

Glencar House, Ballsbridge
First major office scheme of 2021 goes on site

This week sees the unveiling of the first major office development to go live on-site in 2021.

Aisling Tannam • 24/03/2021

Future of office space (image)
Office Workers Struggle to Stay Connected and Learn

Latest study from Cushman & Wakefield and George Washington University forms part of wider series on the post-pandemic office.

Aidan Gavin • 30/10/2020

WANT TO KNOW MORE?

If you would like to find out more about our specific expertise, or discover how we could work with your company, please contact a member of our team – we’d be delighted to hear from you.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.

MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS