Dublin’s real estate resurgence propels city
The transformation in the fortunes of Ireland’s economy and turnaround in Dublin’s real estate investment sector since the crash in the financial crisis a decade ago, has propelled the Irish capital up the rankings of the world’s most liquid property markets – a critical gauge of investing risk – according to new research from Real Capital Analytics (RCA). Central London, in contrast, was ranked as the most liquid real estate market globally on the eve of the Brexit referendum vote in June 2016, but has since slipped to 10th place at the end of last year among the 155 international markets covered in property data firm RCA’s Capital Liquidity Scores report. New York’s Manhattan commercial real estate market, the other truly global property investment destination, has maintained its post-crisis level of liquidity and remains the most liquid market in the world.
Tags : INTERNATIONAL