The feature that 2021 will be known for in Real Estate is a combination of extreme restrictions on supply and very high demand across residential of all types, including build to rent, social and affordable housing.
Demand, coupled with constrained supply, has made it a very competitive market for all our clients.
Issues arose around planning constraints in terms of delay caused by objections and ongoing lockdowns, which forced construction to halt several times throughout the year.
Vanessa Byrne, Co-Head of our Real Estate team, reviews the impact that supply restrictions and high demand had on the residential sector in 2021 and the themes we can expect this year.
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