ULI Irish council kicks off

IRELAND has a 18-to-24 month window of opportunity to attract international capital to quality assets to be disposed of — after that, revaluation of other competing assets in countries like France, Spain, and Holland will add to the competition for mobile capital.

That’s according to Brian Moran, the chairman of the just-established Irish council of the Urban Land Institute (ULI), a 30,000-member strong global real estate think-tank research and education organisation. Ireland this week became the 14th European ULI council, among 95 countries worldwide.

“We are seen as being further along the recovery curve than a number of other European countries, and as a result there’s good international capital interest in investment in Ireland,” said Mr Moran.