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Knowledge & News

Q1 2021 update of Ireland construction costs and property rent and exit yield database and calculator.

25/1/2021

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Residential Construction Costs
The Keogh Consulting Construction Cost iOS App (bit.ly/KeoghCosts) has been updated to Q1 2021. The database provides an overview of construction and development cost, rental rates and exit yield ranges for a number of common property types. Developed from market forecasts, research into recent transactions and detailed analysis of quoted Irish real estate companies and REITs, it provides a range to determine a starting point for a valuation based on user defined inputs. Due to current market conditions valuations can be discounted to account for uncertainty in the calculator.

Construction cost and tender indices have been updated to reflect current market sentiment and expected labour, material costs and target margin in 2021. 
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The information in the iOS App is provided for general guidance and is intended to offer the user general information and is not provided to replace or serve as substitute for any valuation, budgeting, cost planning, financial advisory, tax or other professional advice, consultation or service.
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