Commercial Property
Speculative commercial market shows promise for second half of year
Interest rate increases and the elevated cost of financing are impacting deal flow at present, but this is a transitional phase
As we head towards the half-year mark, the Irish commercial real estate market remains in a transitional phase, with a confluence of cyclical and secular trends impacting deal flow and sentiment.
Demand, however, ultimately underpins property markets over the long run, and certain factors specific to the Dublin market will provide a supportive backdrop for investment and development in commercial real estate when this transitional phase passes.
It appears that we are getting closer to ...
