Appetite for construction

Forward funding of new development will become more prevalent this year as commercial property is expected to benefit from anticipated Brexit-related relocations, according to CBRE Ireland

22nd January, 2017
CBRE believes prime office rents in Dublin city centre will reach their peak in the current cycle Picture: iStock

The unexpected outcome of the Brexit referendum and the US election result in November took the world by surprise last year. Those ‘seismic’ events will in due course influence the direction of economies the world over, including Ireland’s, and by default will have implications for the Irish property sector.

That’s according to CBRE Ireland’s managing director Enda Luddy, who launched the agency’s Outlook 2017 report at the RDS in Dublin last...

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