OUTLOOK 2026
Welcome to Lisney Outlook 2026, our 68th annual report on Ireland’s commercial and residential property markets.
We believe 2026 will be a strong year across all parts of the commercial and residential sectors. Demand from both occupiers and investors will either remain steady or increase further and supply constraints for best-in-class accommodation are likely to persist. This may temper overall activity levels but will result in continued upward pricing.
67 YEARS OF INSIGHT AND ANALYSIS
Our research reports are among Ireland’s most comprehensive and respected publications. We have been producing our Annual Reviews since 1958, never missing a year.
SECTOR BREAKDOWN
Discover our expert insights on how each property sector is expected to perform in 2026, with in-depth analysis of market trends, key drivers, and emerging opportunities across commercial and residential real estate.
Residential
2025 will be another busy year across the residential market. Unrelenting supply constraints will result in further price increases.
Development Land & New Homes
The outlook for 2026 is positive in terms of increased supply and activity.
Offices
Supply is siginifcantly tighter and we expect a pinch point in this type of space mid 2026.
Investment & Finance
Irish Property investment & finance market performance will be much improved in 2026.
Retail
Demand will remain healthy in 2025 with new and expanding retailers active on prime high streets, as well as in some shopping centres and retail parks.
Licensed & Leisure
Potential for an uptick in supply in 2026, driven by long-established publicans opting to retire due to strong purchaser demand.
Healthcare
Ireland’s ageing demographic profile is set to be a key structural driver of demand for retirement accommodation and healthcare facilities over the medium to long term.
Student Accommodation
Those in full-time education have increased by almost 20% in the past decade, reinforcing the structural expansion in demand for student housing.
Hotels
The 2026 outlook for the Irish hotel property market remains solid with several deals ongoing entering the new year. This follows on from very busy years in 2024 and 2025 with the combined value of opportunities trading significantly outweighing the preceding years.
Cork
2026 is likely to be a better year. In particular, development within the living sector will progress, from hotels and student accommodation to apartments and houses.
LIFE AT LISNEY
A glimpse of what our team got up to in 2026.
MEET YOUR TEAM
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OUTLOOK 2026
Every decision we make, and every piece of advice we give is backed up by decades of research into the Irish property market. You can trust our long-term analysis. Discover our Outlook for 2026 below.