Commercial Property

Commercial property investment lags €650m behind long-term average

€444 million was invested in commercial property in Q3, significantly down on a ten-year average of €1.1 billion

Between July and September of this year, €444 million was invested in commercial property in Ireland across 30 transactions

Commercial property investment in the past three months tracked significantly behind long-term averages that have been recorded by the sector, new data from CBRE, the real estate firm, has shown.

Over the past ten years, an average of €1.1 billion has been invested in Irish commercial property in the third quarter of each year.

New data from CBRE has shown the rate of investment between July and September of this year was €444 million, a ...