Dublin has been ranked the fourth most expensive city to build in Europe, with average construction costs now reaching €3,692 per m², according to the latest Global Construction Market Intelligence (GCMI) 2025 report published by Turner & Townsend. This places Ireland’s capital behind Zurich, Geneva and London, but ahead of other major European hubs like Munich and Frankfurt.
The report attributes Dublin’s rise in the rankings to a sustained pipeline of commercial and data centre investment, as well as mounting pressure from the Irish Government’s pledge to deliver more than 300,000 new homes by 2030. However, the report also flags growing risks that could hinder delivery—including skills shortages, digital adoption gaps and regulatory hurdles.
Read the full details in Irish Real Estate
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