Dublin BTR yields harden as investors pour in €1bn

Anna Ward | Print

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Prime build-to-rent property yields in Dublin have hardened to 3.85% owing to an increase in investment in the sector. This figure compares with 4% for prime office properties and 5.1% for prime industrial assets, according to CBRE. The BTR sector accounted for 30% of investment in Ireland during 2018, up from 4% in 2015. In total, more than €1.2bn (£1bn) was deployed in 2018, compared with just over €70m in 2012. Marie Hunt, executive director and head of research at CBRE, said “As further transactions complete over the coming months and set new transactional evidence, we expect prime yields in