By Marian Finnegan, Managing Director - Residential & Advisory; Kate English, Senior Economist, Researcher; Patrick Hogan, Head of PRS, Director; Ross Harris, Head of Residential Investments, Director
The following report provides an overview of transaction activity during 2019 in the Private Rented Sector, together with an analysis of key market indicators such as rents and yields and their outlook for the year ahead.
Given all that has unfolded since the end of 2019, specifically in relation to COVID-19, 2019 data may seem somewhat historic. However, analysing market trends in recent years does provide a useful backdrop to determine the impact that this particular economic shock will have on investment flows. Equally given the almost unique infancy of the PRS market, historical reference points are very limited for comparison purposes.