Dublin is fifth busiest real estate market in Europe

 Dublin is fifth busiest real estate market in Europe

Dublin is the fifth busiest real estate market in Europe with more than €3 billion invested between the end of last year and the third quarter of 2021, according to a new report by consultancy PwC and the Urban Land Institute, a US-based think tank.

This put the Irish capital on a par with Paris and ahead of cities such as Oslo, Milan and Manchester. London came top with €16 billion of capital inflows, followed by the German cities of Frankfurt, Berlin and Munich.

The report, which is based on the views of 844 property professionals, ranked Dublin 13th out of 31 European cities for real estate prospects, in other words investment and development opportunities, down two places from last year, “perhaps reflecting that the gains from Brexit have now largely been realised”.

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