Monday November 30, 2020

Investors steady the boat after initial Covid storm

In spite of casualties in the services and retail sectors, investment in Ireland remains strong, particularly from buoyant logistics, industrial and tech players

22nd November, 2020
Office investment in Q3 amounted to €215 million across eight deals, the biggest of which were in Dublin

The initial Irish ‘V’ shaped recovery is fading, according to the latest purchasing manager indices, or PMI.

The services sector, especially transport, tourism and leisure, continues to struggle.

Manufacturing has slowed due to supply chain disruption and reduced exports attributed to Covid-19 and Brexit, but aggravated, no doubt, by renewed weakness in the eurozone.

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