Ireland's property investments proved resilient in 2020

New MCSI/SCSI index shows best and worst in property class, with multi-let  residential schemes emerging as an alternative asset

Despite the obvious impact of the global Covide-19 pandemic Irish property investments are performing well. Photo Sasko Lazarov/Rollingnews.ie

A NEW international annual index measuring the performance of €10bn worth of Irish property investments shows ‘surprising resilience’ for the year 2020 —  despite the obvious impact of the global Covide-19 pandemic.

The commentary coming on the back of the detailed analysis is that while property is a strong long term investment class, the key to security is diversification across property asset classes.