INDUSTRY NEWSINTERNATIONALReal Estate News

Ireland’s global pitch to solve its housing crisis

At this year’s MIPIM conference in Cannes — Europe’s largest annual real estate trade show — Ireland made its first official appearance with a dedicated investment pavilion hosted by the Ireland Strategic Investment Fund (ISIF).


Held each March on the French Riviera, MIPIM attracts developers, agents, and institutional investors from around the world, offering a platform for global property deals and showcasing national investment opportunities.

The Times reported that Ireland’s presence marked a shift in strategy: openly courting international capital to help solve its deepening housing crisis.

With completions down nearly 25% on government targets and €20.4 billion needed annually to build 50,000 homes, private funding — particularly from offshore institutions — is seen as vital.

Industry figures from firms like Elkstone, CBRE Investment Management and M&G argued that foreign investment is “a necessity,” not a threat, especially across key sectors like build-to-rent, student accommodation, social housing, and senior living.

However, investors raised concerns around slow planning approvals, policy inconsistency, and rent controls, which have already led some to pause projects.

Developers are calling for a dedicated body to attract and retain property capital, and a national strategy to reduce friction points in the investment process.

Despite its strong fundamental, including job growth, a low unemployment rate, and rising housing demand, Ireland faces tough global competition for funds.

MIPIM highlighted how cities like London are actively marketing themselves to attract billions in investment.

For Ireland to stand out, clearer messaging, investor confidence, and a simplified development environment will be essential to move from promise to delivery.

Show More

Catherine Nikas-Boulos

Catherine Nikas-Boulos is the Digital Editor at Elite Agent and has spent the last 20 years covering (and coveting) real estate around the country.