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Co-living - a solution to renewal of Georgian buildings in Ireland?

Insight

22 May 2019

Ireland

1 min read

ON THIS PAGE

Minister Eoghan Murphy has come under sustained criticism for his comments on new co-living initiatives in recent days.  Viewed by many as simply "posh student accommodation" there is clearly a need for better understanding of this new property category. 

John Moran of the Land Development Agency (LDA) has championed a new micro-project his agency is launching in Limerick - a renewal of a Georgian building. He has said the building in Limerick could hold up to eight people and would be the first of its kind in the city. 

Georgian buildings in Dublin were historically lived in by multiple inhabitants before, albeit during impoverished circumstances in the 1800s and 1900s. 

From reading his comments, this looks like the kind of model that may work best.  Clearly, we need better clearer leadership on this model from Government.  Moran is reliable voice in this conversation, and his LDA model, if successful, could herald a new way of looking at old Georgian stock throughout the country, with a genuine renewal of buildings that are struggling to remain relevant and attractive for occupants and investors.

For advice on social housing and real estate in Ireland, contact John by emailing john.hogan@ogier.com

About Ogier

Ogier is a professional services firm with the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost-effective services to all our clients. We regularly win awards for the quality of our client service, our work and our people.

Disclaimer

This client briefing has been prepared for clients and professional associates of Ogier. The information and expressions of opinion which it contains are not intended to be a comprehensive study or to provide legal advice and should not be treated as a substitute for specific advice concerning individual situations.

Regulatory information can be found under Legal Notice

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