Dublin was ranked just outside the top 10 in a new league table of European cities with the most attractive property investment and development prospects.
Strong demand for rental housing and student accommodation boosted Dublin’s appeal but concerns were raised about the outlook for the office market in an annual survey by almost 1,000 global investors, developers, lenders and advisers.
The Irish capital climbed to 11th place overall, from 12th last year, while Berlin, London, Paris and Frankfurt made up the top four.
The survey was conducted by the Urban Land Institute and PwC between July and September.
It included a gloomy prognosis for Dublin’s office market from the chief executive of an unnamed Irish property company, who said: “Vacancy levels are likely to increase