MD Property Management

What MD Property Management does

MD Property & Living is a Dublin-headquartered, specialized residential property operator founded in 2004 by Mark Dunleavy. The company manages one of Ireland's largest privately-held portfolios of build-to-rent (PRS) and social residential assets — over 5,000 units across 65 buildings representing more than €2.5 billion in assets under management — through a 44-person team based at 9-11 Upper Baggot Street, Dublin 4. Its service offering spans the full institutional real estate lifecycle: pre-acquisition underwriting advice and rental valuations, leasing strategy and marketing, ongoing asset management, financial reporting and budgeting, and block management for residential developments.

The core customers are large institutional investors, Irish and UK pension funds, local authorities (Dublin City Council, DLR County Council), and approved housing bodies such as Respond, alongside commercial partners including CBRE and Hibernia. GTM is exclusively direct enterprise sales — long-cycle, relationship-based engagement with investment committees and housing bodies rather than channel or self-serve distribution. Logos on the company website (Carrowmore, Carysfort Capital, Real IS, Hibernia) and named developments (Adamstown 500+ apartments, Newmarket Yards 413 apartments, The Crown Portfolio 238 residences, The Joinery 78 apartments) reflect deep penetration into Ireland's build-to-rent and social housing segment.

The business is run on a proprietary in-house software platform maintained by a dedicated software development team, which provides automated reporting, real-time portfolio insights, and bespoke resident and client workflows. The platform is positioned as a differentiator versus off-the-shelf property management systems. The company holds PSRA License Number 001806. In 2026, MD Property & Living was acquired by Greystar, the global rental housing operator managing more than 1.1 million homes across eight European markets including Ireland, and now operates as part of Greystar's European platform.

Name

MD Property Management

Legal name

MD Property & Living

Website

https://mdproperty.ie

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

MD Property & Living is a Dublin-based, privately-owned residential property operator founded in 2004, managing 5,000+ build-to-rent and social housing units representing over €2.5bn in assets for institutional investors, pension funds, and local authorities in Ireland, using proprietary in-house software.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Residential Property Managers (531311), Nonresidential Property Managers (531312), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

akta.pro secondary industries

Affordable Housing Property Management (BPAJAGAJ), HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Property management services
• Build-to-rent management
• Residential asset management
• Commercial property leasing
• Block management services

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Property Management Services: Full complement of property services including underwriting advice, leasing strategy, marketing, unit management and block management for institutional investors and REITs
2. Leasing Services: Market leader in providing underwriting to PRS sector; involvement begins prior to asset purchase with rental valuations and extends through unit leasing
3. Asset Management and Financial Reporting: Financial management and reporting, budgeting, cost control, and long-term planning services for residential and commercial property portfolios

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

MD Property & Living is a specialized residential operator providing leasing, asset management, and block management services for Build-to-Rent (PRS) and commercial properties in Ireland. The firm serves institutional investors, pension funds, local authorities, and approved housing bodies through services spanning underwriting advice, leasing strategy, marketing, unit management, financial reporting, and block management. Service delivery is enabled by proprietary in-house software platforms built by a dedicated software development team.

Product overview

MD Property & Living operates as a specialized residential operator offering a unified property management platform for Build-to-Rent (PRS) and commercial assets. The core offering consists of PRS Multi-Family Management and Commercial Property Management, supported by integrated service modules including Underwriting Advice, Leasing Strategy, Financial Management and Reporting, and Block Management. The company also maintains a proprietary in-house software platform that powers automated reporting, real-time portfolio insights, and tenant communication. The technology platform underpins all service delivery, while the property management services represent the primary revenue-generating offerings for institutional clients, pension funds, and approved housing bodies.

Differentiator

Problem solved

Functional benefit

Products and services

• PRS - Multi-Family Management Build-to-rent and social asset management services for institutional investors, pension funds, Local Authorities, and Approved Housing Bodies, covering leasing, unit management, and block management for large-scale residential developments.
• Commercial Property Management Diversification and value-add services for commercial property portfolios, including marketing, leasing, and lease renewal advice for office spaces occupied by multinational firms and investment houses.
• Underwriting Advice Pre-acquisition advisory service providing accurate rental valuations and ERV (Estimated Rental Value) analysis to inform investment decisions for PRS assets.
• Leasing Strategy Comprehensive leasing services including marketing strategy, vacancy rate analysis, and occupation timeline planning for residential and commercial units.
• Financial Management and Reporting Budgeting, cost control, and detailed forecast reports for clients to understand major cost points and asset performance over the lifespan.
• Block Management Medium to long-term management of residential blocks including service charge administration, third-party provider reviews, and maintenance coordination.

Quantifiable outcome

• 5,000+ residential units under management
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Greystar: Global leader in rental housing investment, development, and management operating across eight European markets and over 1.1 million homes worldwide; now the parent company of MD Property & Living following the 2026 acquisition and a benchmark for the scale of platform the Irish entity is being integrated into.

Direct peers

• Knight Frank Ireland: International real estate consultancy with a Dublin office delivering residential, PRS, and commercial property services including asset management for institutional clients, directly competing for Irish BTR mandates.
• Bannon Commercial: Irish commercial and residential property consultancy providing property management, lettings, and investment advisory for institutional and developer clients across Dublin, overlapping with MD Property's client base.
• Cushman & Wakefield Ireland: Global commercial real estate services firm with a substantial Irish practice offering residential and PRS advisory, valuation, and property management services that directly compete with MD Property for institutional BTR mandates.
• Hooke & MacDonald: Irish-owned residential letting, sales, and property management firm focused on Dublin, serving institutional and private clients with overlapping BTR and multifamily management capabilities to MD Property.
• JLL Ireland: Global real estate services firm with an Irish practice covering residential, PRS, and commercial property management, leasing, and investment advisory directly comparable to MD Property's institutional service offering.
• CBRE Ireland: Global real estate services firm operating in Ireland providing property management, valuation, and investment advisory across residential and commercial assets; listed as an MD Property client-partner, evidencing competing and complementary activity in the Irish institutional market.
• Savills Ireland: Global real estate firm with residential and commercial property management, valuation, and investment services in Ireland, serving institutional and developer clients with overlapping capabilities to MD Property.
• Lisney: One of Ireland's longest-established independent commercial and residential property advisors offering property management, lettings, and investment services directly comparable to MD Property's institutional-focused model.

Emerging players

• IRES REIT: Irish-listed residential REIT that owns and self-manages a large multifamily rental portfolio in Dublin, partly a customer of MD Property's competitors but also a potential third-party management client given the institutional focus on outsourced operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/md-property-management-ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MD Property Management