Farmland prices and rents set to climb again amid strong demand
Land prices and rental values are expected to continue their upward trajectory, according to a new report published today by the Society of Chartered Surveyors Ireland (SCSI) and Teagasc.
The increase in land values is attributed primarily to higher milk prices, strong competition among farmers and investors, and regulatory pressures arising from the EU Nitrates Directive, with dairy farmers identified as the predominant purchasers.
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