Why invest in the International Financial Services Centre ?
The importance of the International Financial Services Centre (IFSC) to the Irish economy is indisputable. It has become one of the leading hedge fund service centres in Europe, and many of the world’s most important financial institutions have a presence here, companies such as Citibank, KPMG, JP Morgan, Grant Thornton & State Street
The expansion of Finance companies is turning the IFSC into one of the biggest financial districts in Europe
The Financial Services Centre is the key hub for finance companies ‘passporting’ their products into Europe
Dublin IFSC includes many well constructed apartment complexs which are hugely popular with Finance tenants working for global companies close by. Popular developments in the docklands include, Spencer Dock, Clarion Quay, Spencer House and Custom House Square . Property prices typically start from €250,000. These properties would typically rent for €1,600 per month generating a 7% rental yield.
Half of the world’s top 50 banks and half of the top 20 insurance companies locate in the IFSC.
The IFSC is located along the north bank of the river Liffey and spans over a 37.8-hectare area. The IFSC was cleverly developed with a mix of office, residential and leisure buildings. The neighbourhood enjoys an abundance of social and recreational amenities, from water sports and terraced cafés to elegant wine bars and theatre and musical performances in the Three Arena.