The cost of renting a property in Co Louth has jumped 12% in the last year.
That’s according to the latest figures from property website Daft.ie, which found that the average montly rent in the Wee County now stood at €728.
Outside of the cities, only Wicklow, Kildare and Meath were more expensive to rent in with the rate of increase ahead of the 8.2% national average.
It was just below the 14% increase in rental rates in the commuter counties surrounding Dublin though.
Ronan Cotter, general manager of Dromad Hire, at last night’s awards in Paris
Local firm Dromad Hire has scooped yet another coveted award after being named the Small Rental Company of the Year at the 2013 European Rental Awards in Paris last night.
The awards, organised by International Rental News (IRN) and the European Rental Association, were announced at a dinner at the Hyatt Regency Paris Etoile Hotel in front of an audience of 300 rental managers and representatives from equipment manufacturers.
Dromad were represented at the awards by managing director Seamus Byrne and general manager Ronan Cotter, with the latter picking up the prize on the night.
Judges said Dromad Hire “was not a ‘wait and see’ kind of company. In an extremely difficult market they remained positive and looked for solutions. They found new markets outside of construction, including a departure into renting fitness equipment, and were successful in completely transforming the company.”
This latest success comes just a couple of weeks after the company also scooped the HAE Company of the Year prize at the Hire Awards of Excellence in London.
Previously: Dromad Hire wins prestigious award in London
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