Saturday June 6, 2020

Bulls versus bears, and never the twain shall meet

Industry opinion is deeply split over the ultimate value of the deals that were done in the Irish property market during 2017

3rd December, 2017
13-18 City Quay in Dublin 2 was sold for €126.3 million

Recent weeks saw a flurry of €1 million-plus sales which could boost commercial property deals to more than the €2 billion mark for the whole of 2017. However, rarely has there been such a wide gap between the bulls and bears in the market as to the likely value of annual deals.

At the upper end of the scale, Marie Hunt of CBRE and John McCartney of Savills said the outcome could be as high as...

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