Residential Investment Snapshot Q1 2021

Q1 2021 saw the highest residential investment spend on record

The volume of residential investment transactions was €806 million – 62% of the overall Q1 2021 CRE spend

The top 5 residential deals account for 85% of residential spend in the first quarter

89% were forward commit deals, a trend we see continuing due to a lack of standing stock

Prime yields remain stable at 3.75% with potential for contraction for core income producing product

There was a strong sub-sector mix Including single family and social investments

Commencement of construction is positive for investor sentiment as we head into Q2 2021