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Real Estate Planning & Development Statistics
Q1 Industry Review
The events over the previous 12 months have been a catalyst for several disruptive trends in the real estate sector. Some of these trends will be short-term, whilst for others the effects will be more permanent.
Before Covid-19 the construction industry was on an upward trajectory with substantial investment planned and cause for optimism. While we believe demand has not been quashed, activity has been delayed by the pandemic, and this delay could result in projects that were previously marginally viable prior to the pandemic, now rendered unviable.
In this report, Deloitte Real Estate Advisory comment on the current landscape of the Irish planning system and the residential and commercial real estate markets in Ireland. We also provide funding analysis on the current macro-economic conditions that are supporting a favourable capital raising environment within the Irish Real Estate sector. Some key highlights include:
- The number of units submitted for planning in Q1, 2021 is down 29% compared to the same period in 2020.
- 87% of contractors expressed that they had experienced longer lead times for materials.
- For residential units, the ability to deliver on schemes has been challenging with the number of commencements almost half that of the same period in 2020.
To get some further insights and analysis, download the full report.
Deloitte Alternative Lender Deal Tracker Spring 2021
Mark O’Shaughnessy, an Associate Director in Debt and Capital Advisory explores the key factors to consider in preparing to raise debt