Real Estate 2018

1. General

1.1 Main Sources of Law

The main source of real estate law is statute, with the key legislative provisions set out in the Land and Conveyancing Law Reform Act 2009 (the "2009 Act"), the Landlord and Tenant Acts 1967-1994 and the Residential Tenancies Act 2004 to 2016 (the "RTA").

The other main source of real estate law in Ireland is case law, which is derived from the judgments of the Irish courts.

1.2 Main Market Trends and Deals

2017 was a very positive year in the Irish Commercial Real Estate market. Strong investor demand was evident throughout the year, although with the deleveraging programmes of both NAMA and the Irish banks largely completed, this resulted in sourcing product becoming increasingly challenging. Notable deals in the investment sector included the sale of 13-18 City Quay to Irish Life, the sale of No. 1 Dublin Landings to Triuva, the acquisition of a large Build to Rent scheme in Dun Laoighaire by Patrizia, and Deka's