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Build to Rent (BTR) has been a growing trend in the UK for a number of years, but what about in the Republic of Ireland?
“It’s certainly a growing sector in Ireland and not quite as established as in the UK,” says Hannah Taylor, who manages the investment division across Europe at deverellsmith, and has experience of recruitment and strategic consultancy across the UK and European BTR markets.
“We find that when sourcing candidates for BTR roles in Ireland, it’s a much smaller pool of candidates with the relevant years of experience in the BTR space. It’s definitely an equally exciting sector as in the UK, and one which many of our Ireland-based candidates are keen to move into and learn more about.”
The D.C. area s office market slowed down this year during the coronavirus pandemic, but it didn t come to a full stop.
While many companies delayed decisions or renewed existing leases, a significant number of tenants signed new deals this year to relocate their offices or expand their footprint.
Using research from CBRE and Newmark,
Bisnow identified the nine largest new office leases signed in the D.C. area this year. The tenants included government agencies, technology companies, automakers, law firms, nonprofits and banks.
Many of the deals were in the works before the pandemic and were able to close despite the challenges the coronavirus created for the market. In one case, a tenant pivoted to put its entire space on the sublease market within six months of signing the deal.