Dáil Éireann Debate, Wednesday - 4 March 2026
191. Deputy Pearse Doherty asked the Minister for Housing, Local Government and Heritage the sponsor of Ireland’s participation in Marché International des Professionnels de l'Immobilier (MIPIM) Conference; the value of the sponsorship; and if he will make a statement on the matter. [17859/26]
Amharc ar fhreagraThere is no single solution to the funding and cost challenges in housing supply. Delivering Homes, Building Communities sets out a range of interdependent and complementary actions that seek to address these challenges.
The new Plan recognises that even with the largest housing budget in the history of the State providing unprecedented levels of investment in housing, Government cannot fund all of the €20bln development finance needed annually to achieve the delivery of 300,000 new homes by 2030. The majority of the finance required will need to be sourced from private sources. It is imperative that patient and sustainable private capital is attracted, including from international sources, in line with practice by our European neighbours and beyond.
Under Delivering Homes, Building Communities, my Department, in partnership with other key Government Departments and agencies, will lead a co-ordinated programme of stakeholder engagement on the role of private capital, including institutional investment, in supporting additional housing supply.
In that regard, the Irish Government is leading a coordinated national presence at MIPIM 2026, one of the world’s leading real estate and investment forums.
The organisation of the Ireland Pavilion at MIPIM is being overseen by my Department, working closely via a joint working group with the Department of Finance, the Ireland Strategic Investment Fund and the Housing Agency.
Having reviewed how other countries and cities fund their attendance at MIPIM and in line with that, private sector sponsors are funding the event costs of Ireland at MIPIM 2026.
In the case of the Irish Pavilion, the sponsors have been coordinated through two key representative bodies, Irish Institutional Property and Property Industry Ireland.
Sponsors include AIB, Ardstone, Bank of Ireland, Cairn, Evara, Glenveagh, Avenue Capital Group, A&L Goodbody, I-RES, Kennedy Wilson, KPMG, Lioncor, Matheson and McCann Fitzgerald. These organisations have a shared interest in MIPIM and in increasing the pool of private investment which is available for funding new residential and complementary development in Ireland.
