20% of properties sold to big investors

One-fifth of all property sales in the first quarter of 2019 were to large international investors and real estate investment trusts. A new report from the Banking and Payments Federation Ireland (BPFI) shows the extent to which investors are impacting on the private housing market in Ireland.

Typically, buy-to-let investors represented a huge sector of the housing market, but, according to the BPFI’s report on the market in the first quarter of this year, this sector has decreased sharply. So-called ‘cuckoo funds’ are taking their place.