Near-record year for commercial sales
With strong employment and growth in both personal incomes and demographics in 2020, the sector looks to be well supported by economic factors
The Irish commercial property market looks on course to achieve record or near-record levels of deals this year, despite enduring some recent knocks from public authorities.
Investment deals in the million-euro-plus price bracket across commercial property look set to achieve €3.5 billion. Sales of major residential rental properties (private rented sector, or PRS) are en route to generate €1.5 billion. Development land deals are forecast to top €1 billion, while hotel sales could reach €600...
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Freehold sale of Churchtown Business Park for €7 million
The Dublin 14 campus has 21 fully let commercial units producing €484,000 rental income per annum
Significant potential for institutional investors in senior care
The nursing home sector is growing in demand and will require proper policy and planning in the years ahead