Rental Home Inventory in Ireland at Record Lows

Daft | May 14, 2019

Rental Home Inventory in Ireland at Record Lows
According to the latest quarterly Rental Report by Daft.ie, there were just 2,700 homes available to rent nationwide in Ireland on May 1st, 2019, the lowest total ever recorded in a series dating back to 2006.
With tight supply, listed rents rose again in all 54 markets covered in the report. The average monthly rent nationwide during the first quarter of 2019 was €1,366, up 8.3% year-on-year. The average listed rent is now €337 higher per month than the previous peak in 2008 and almost €625 higher than the low seen in late 2011.

Spotlight

In a world where yield is scarce, generating enough income to meet future liabilities is a challenging endeavor. When combined with the fact that volatility frequently continues to rear its ugly head, finding attractive investment opportunities that generate high current income and preserve capital is a daunting task. This has led investors to continue to leave “no stone unturned” in search of new alternatives to meeting their income and total return needs. Timbercreek Asset Management believes preferred shares of listed U.S. Real Estate Investment Trusts (“U.S. REIT Preferreds” ) represent a “stone unturned” and a unique opportunity to generate high current income

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Spotlight

In a world where yield is scarce, generating enough income to meet future liabilities is a challenging endeavor. When combined with the fact that volatility frequently continues to rear its ugly head, finding attractive investment opportunities that generate high current income and preserve capital is a daunting task. This has led investors to continue to leave “no stone unturned” in search of new alternatives to meeting their income and total return needs. Timbercreek Asset Management believes preferred shares of listed U.S. Real Estate Investment Trusts (“U.S. REIT Preferreds” ) represent a “stone unturned” and a unique opportunity to generate high current income