Pearse Doherty
Question:4. Deputy Pearse Doherty asked the Taoiseach the size of the commercial real estate sector; and the net and gross asset value, respectively in tabular form. [33508/19]
View answerDáil Éireann Debate, Tuesday - 23 July 2019
4. Deputy Pearse Doherty asked the Taoiseach the size of the commercial real estate sector; and the net and gross asset value, respectively in tabular form. [33508/19]
View answer5. Deputy Pearse Doherty asked the Taoiseach the size in units, net asset value and gross asset value of the real estate sector by residential and commercial in Dublin city and county and outside of Dublin, respectively in tabular form. [33511/19]
View answerI propose to take Questions Nos. 4 and 5 together.
The gross value added for the real estate sector is shown in the table below. Please note that these figures were published in August 2018 and are based on the National Income and Expenditure release of 2017 (NIE 2017). Figures based on the National Income and Expenditure release of 2018 (NIE 2018) will be available later this year.
Year 2017 |
Current Prices |
Constant Prices |
Gross Value Added for Real Estate (Euro Millions) |
17,300 |
16,367 |
Gross Value Added for the Whole Economy (Euro Millions) |
273,174 |
272,104 |
Real Estate as a Percentage of the Whole Economy |
6.3% |
6.0% |
The Net Capital Stock and Gross Capital Stock for
- Dwellings;
- Other Buildings and Structures including Roads; and
- Roads
are shown on the following table. The Net Capital Stock includes the effect of depreciation while the Gross Capital Stock does not. Please note that these figures exclude the value of land. These figures were published in November 2018 and are based on the National Income and Expenditure release of 2017 (NIE 2017). Figures based on the National Income and Expenditure release of 2018 (NIE 2018) will be available later this year.
Year |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
Dwellings (excluding land) |
|||||||
Net Capital Stock Held at End of Year at Current Prices (Euro Million) |
198,865 |
202,819 |
207,850 |
218,641 |
225,964 |
235,583 |
248,269 |
Net Capital Stock Held at End of Year at Constant 2016 Prices (Euro Million) |
238,411 |
237,280 |
236,295 |
235,651 |
235,234 |
235,583 |
236,871 |
Gross Capital Stock Held at End of Year at Current Prices (Euro Million) |
247,528 |
254,723 |
263,350 |
279,314 |
290,934 |
305,383 |
323,568 |
Gross Capital Stock Held at End of Year at Constant 2016 Prices (Euro Million) |
296,690 |
298,028 |
299,495 |
301,142 |
302,909 |
305,383 |
308,674 |
Other Buildings and Structures including roads |
|||||||
Net Capital Stock Held at End of Year at Current Prices (Euro Million) |
104,106 |
109,259 |
115,477 |
124,554 |
135,740 |
150,605 |
168,460 |
Net Capital Stock Held at End of Year at Constant 2016 Prices (Euro Million) |
129,345 |
131,950 |
135,540 |
139,629 |
144,342 |
150,605 |
158,561 |
Gross Capital Stock Held at End of Year at Current Prices (Euro Million) |
167,042 |
176,782 |
187,888 |
203,588 |
222,411 |
246,543 |
274,575 |
Gross Capital Stock Held at End of Year at Constant 2016 Prices (Euro Million) |
207,535 |
213,525 |
220,570 |
228,268 |
236,516 |
246,543 |
258,427 |
Roads |
|||||||
Net Capital Stock Held at End of Year at Current Prices (Euro Million) |
25,317 |
26,248 |
26,789 |
28,057 |
29,584 |
31,444 |
33,217 |
Net Capital Stock Held at End of Year at Constant 2016 Prices (Euro Million) |
31,454 |
31,699 |
31,444 |
31,452 |
31,435 |
31,444 |
31,265 |
Gross Capital Stock Held at End of Year at Current Prices (Euro Million) |
36,535 |
38,391 |
39,909 |
42,447 |
45,460 |
49,055 |
52,713 |
Gross Capital Stock Held at End of Year at Constant 2016 Prices (Euro Million) |
45,393 |
46,364 |
46,842 |
47,585 |
48,305 |
49,055 |
49,616 |