Dublin the fifth most expensive city in Europe to build property

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Building Costs News

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City continues to see ‘robust investment’ in private and public sector housing projects, driven by rental crisis, report finds

The International Construction Market Survey measures input costs for materials and labour in 91 markets to calculate average construction costs and what’s driving them.

Turner & Townsend, which is majority-owned by commercial property specialist CBRE, said however that it was “optimistic” about Ireland’s construction market as it “begins to recover and move towards green investment opportunities”. “Specialist rental accommodations, such as student housing, are also expanding,” according to the report. “Across the region, green investment is becoming increasingly important as carbon priorities shape development strategies.”

 

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