The increasing demand for housing and continued growth trends in the residential property market in Ireland have created a unique opportunity for alternative property funding firm Lotus Investment Group, led by Chairman David Grin.

1. The increasing demand for housing and continued growth trends in the residential property market in Ireland
have created a unique opportunity for alternative property funding firm Lotus Investment Group, led by
https://www.equities.com/news/the-independent-reports-a-funding-initiative-by-us-investor-david-grin-to-inject-
150m-into-build-ready-properties-in-dublin Chairman David Grin.
The Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business School recently released the final
quarterly report for 2018 of the Consumer Market Monitor (CMM). The report offers insights into trends in
consumer behavior in Ireland, highlighting emerging opportunities for planning and investment. It has a positive
outlook for the next two years, with favorable economic conditions expected to remain strong, alongside
anticipated population growth and rising employment rates. Brexit remains an issue for consumer confidence, but
government development planning is intended to assuage economic fears.
Growth Trends in the Irish Property Market The Marketing Institute report reveals steady growth in Ireland’s
residential property market. The market has continued to recover from its lowest point in 2011, when just 25,700
properties were sold, and 10,500 mortgages were granted. In 2018, 52,000 properties were sold, a 5% increase on
the previous year, and 30,629 mortgages were granted, marking a 9% increase on 2017 loans. This growth trend is
expected to continue through 2019 and 2020. However, it remains a far cry from the boom year of 2005 when
105,000 homes were sold, and 85,000 mortgages were approved.
Employment is continuing to rise, rivalling pre-recession levels, however, even with steadily increasing mortgage
lending rates, Ireland has yet to achieve the property boom experienced in 2005. While analysts must be cautious
when comparing pre- and post-recession mortgage conditions, the disparity in mortgage financing reveals an
underutilization of property funding by consumers and a potential niche market for mortgage lenders willing to
transcend the traditional financing model.
With mortgage lending continuing to grow, and mortgage conditions continuing to adapt to the demands of the
market, an excellent opportunity has emerged for flexible mortgage lenders like Lotus Investment Group. Lotus
specializes in alternative property investments based on durable partnerships with developers. The advantage over
traditional lenders is the ability to provide fast and flexible funding solutions. To date, Lotus Investment Group has
funded over 2,500 new homes and contributed in excess of €300 million to the Irish property market.
Disparity Between Housing Supply and Demand Forecasts suggest that sales will increase by a further 5% this
year, a modest rate of growth that is at odds with the high level of demand driving up national rent and purchase
prices. The continuing trend of disparity between strong demand and weak supply is stimulating construction
throughout the country. A growing population, changing social demographics in an aging population, smaller
family size, and continued urbanization has led to a shift in demand for urban residences. In accordance with these
changes, first time home buyers are the largest group of mortgage recipients, accounting for 60% of the
mortgages granted, and the emerging private rental sector is set to grow at an unprecedented rate.
In a property market where demand outstrips supply, Lotus Investment Group provides a fundamental role in
driving new construction. After entering the Irish property market in 2013, Lotus has quickly become the go-to
firm for property investors and developers. Their client specific funding model allows Lotus to quickly respond to
funding demands, ensuring development projects proceed without delay.
Urban Growth Forecast In 2018, the Irish government published Project Ireland 2040, a strategic development plan
aimed at promoting sustainable growth in the anticipation of dramatic population increase. To meet the needs of
population growth and to remedy the current shortage in housing, Project Ireland 2040 prioritises compact urban
growth over unplanned urban sprawl. The government is encouraging developers to build up existing areas, and
to increase the height of commercial and residential buildings. To achieve this urban expansion, the state will
commit to a €2 billion Urban Regeneration and Development Fund encouraging a collaborative effort between the
government and the https://www.bmmagazine.co.uk/business/private-rented-sector-has-potential-to-

2. revolutionise-the-irish-property-market/ private sector. The goal is to reach 112,000 households over the next
decade, with 30% of these homes built in urban areas.
According to Chairman of Lotus Investment Group David Grin, “Continuing growth trends in residential property
planning and construction provides an exciting opportunity for investors and developers. The market will be
forced to evolve to meet the predicted shifts in demand. We believe that our innovative, flexible investment model
provides Lotus Investment Group with a distinct advantage in the dynamic Irish property market.”
With the current and planned new high-rise, mixed-use development projects, and an emphasis on four to six
story residential construction, the innovative funding solutions provided by Lotus Investment Group will continue
to be in high demand. The firm’s focus on providing financing to new residential development of small to medium
property assets is directly in line with the strategic development plan published by the Irish government.
Technology in the Real Estate Sector Technology in the commercial real estate sector is also transforming the way
consumers interact with the industry. The revolutionary ‘proptech’ sector, the collective term used to describe
technology designed for planning, construction, and property, offers realtors, investors, developers and home
buyers innovative solutions and drives growth at an unprecedented rate. The new Irish online bidding platform,
Beagel.io, surpassed €100 million in online bids for Irish properties in recent months. It is yet to be seen if the
industry will be able to adapt quickly to keep pace with the new technologies available.
Innovative technology applied to mortgage lending and investments has the
https://axcessnews.com/business/breaking-business/an-examination-of-the-emerging-build-to-rent-sector-in-
ireland-david-grin-of-lotus-investment-group_9740/ potential to accelerate the process of planning, development,
and construction. From its inception, Lotus Investment Group has embraced this fast-paced approach david grin
to lending as a way of conducting business. With the flexibility afforded by the alternative financing model of
Lotus Investment Group, clients have an advantage over the barriers experienced in the traditional bank funding
model. Continuing to promote innovate funding and investment strategies raises the standard of service David
Grin - Real Estate that Lotus Investment Group is able to provide for its clients.
Article Source:
https://bdaily.co.uk/articles/2019/02/28/growth-in-irish-residential-property-market-presents-opportunities-for-
lotus-investment-group-chairman-david-grin