All roads lead to retail parks

Increased car sales, better roads and access to parking are driving the increase in rental rates for retail parks, writes Donal Buckley

23rd December, 2014

Ireland’s vastly improved motorway network could well be a key factor driving the latest buying trends among both consumers and commercial property investors. The surge in new car sales earlier this year has also been paralleled by increased lettings and sales of out-of-town shopping centres and retail parks. It’s not purely a coincidence.

Many retail parks either accommodate car sale showrooms, or else the showrooms are close by, and more than...

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