Dublin PRS Occupier Study 2020: Our Survey unveils the nuances of the Dublin rental market, revealing varying accommodation needs amongst active tenant groups
About the Survey
This year’s survey builds upon the success of last year’s inaugural survey. Once again, we teamed up with Daft.ie – Dublin’s biggest residential lettings website – to survey those actively searching for rental accommodation in Dublin. Like last year, the survey was undertaken during the summer with the sample size again exceeding 1,200 responses. Once again, we break-down respondents into distinct tenant groupings in recognition of the varying requirements tenants have at different stages of their life-cycle. In our view, gaining an understanding of each of these tenant sub-groups is crucial to understanding the dynamics of Dublin’s rental market. We also analyse the results at a postcode level which allows for location specific insights.
Overview:
Institutional investment in Dublin’s Private Rented Sector (PRS) is growing at a rapid pace, with last year’s investment volume of €2.2 billion equalling the cumulative amount spent on the sector over the previous five years. While PRS has established defensive investment qualities in the event of a cyclical economic downturn, the Covid-19 pandemic presents a unique set of challenges.
New research contained within this report gives valuable real-time, data-driven insights into Dublin’s rental market during this time of uncertainty.