Buying property under the radar

As office prices become more predictable and transparent, investors are increasingly buying off-market, writes Donal Buckley.

Riverside II at Grand Canal Dock: sold for €50 million.

Off-market sales of Dublin offices worth €620 million over the past year and a half are proving to be an effective way of sustaining the interest of larger buyers. These under-the-radar negotiations come at a time when some buyers are beginning to show signs of fatigue with the open-market process.

In contrast, large retail investors are expected to be more willing to engage with the open-market process. These are among the views of ...