One in five houses and apartments sold in Ireland last year were bought by private companies, public bodies and charities, the vast majority of which were registered in the Republic.

New Central Statistics Office (CSO) figures show that non-household entities – including businesses, financial institutions and State agencies, among others – spent €5.1 billion on residential properties last year, an increase of 1.8 per cent from 2024.

Irish-registered companies and institutions accounted for €5 billion of the total value, or 97.3 per cent, said Samantha Walsh, statistician in the CSO’s prices division.

In total, non-household entities acquired 12,857 dwellings, according to information given to the Revenue Commissioners, up by 1.3 per cent from 2024, but down from a growth rate of 4 per cent between 2023 and 2024.

It meant that just over 20 per cent of the 63,440 residential properties acquired in the Republic last year were bought by non-household entities.