Six Nations Finale: Dublin tops property price growth

Knight Frank recently discussed how the Six Nations tournament compared to the six nations residential property price growth (http://blog.knightfrank.ie/?p=1326) with Dublin hitting the top spot at 17.5% growth in 2013.

This was again reflected in Ireland’s excellent 22-20 win against France last Saturday. The win; down to fantastic play from the boys, and the property price growth; in part down to improving employment conditions and Ireland’s successful resolution of its EU bailout.

In light of this, Knight Frank decided to look at comparing wealth of the 6 nations, and which city will see the highest rise in UHNWIs (Ultra High Net Worth Individuals). For specific information on this read our Wealth Report 2014.

Dublin is expected to see a comfortable increase in the wealth population between 2013 and 2023 compared to capitals such as Paris, despite London’s obvious top ranking throughout. While London is top in Europe, its figures do not compare to dramatic increases in UHNWIs across South East Asia and the Middle East.

Ranked by total number of UHNWIs in 2023
Ranking City

2013

2023

% change over 10 yrs
1 London

         4,224

               4,940

17%

2 Paris

         1,500

               1,656

10%

3 Rome

            945

               1,081

14%

4 Dublin

            365

                  413

13%

5 Edinburgh

            137

                  155

13%

 

Ranked by forecast growth in UHNWIs
Ranking City

2013

2023

% change over 10 yrs
1 London

         4,224

               4,940

17%

2 Rome

            945

               1,081

14%

3 Dublin

            365

                  413

13%

4 Edinburgh

            137

                  155

13%

5 Paris

         1,500

               1,656

10%

 

Source: Knight Frank Residential Research

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