Alternative residential is here to stay

Investors and developers are attracted to a new range of asset classes in property, writes Aoife Brennan.

Alternative residential as an asset class has come to the fore in recent years, both globally and in Ireland. At its most basic level, alternative residential includes the private rented sector (PRS), co-living, purpose-built student accommodation (PBSA) and retirement living. Occupiers, investors and developers are attracted to the sector, which has led to greater building activity and investment.