Knowledge for international Entrepreneurs
The Irish capital has been facing accommodation problems with immigrant and population growth awhile. This creates a great business opportunity for the real estate industry.
Day by day there is more a news of investments in this sector, such as the announcement of the Home Building Finance Ireland (HBFI) that has approved this month over €100m in funding for the construction of over 500 new homes throughout Ireland in their first nine months of operations.
This growth not only includes residential buildings, but also the commercial sector. Since the commercial property investor Yew Grove Reit, who is aiming to raise €19.4m from a share issue. He said raising the funds would allow it to take advantage of the commercial property market’s strong occupier demand, which is driving rents for office and industrial property higher.