Commercial market could hit €3.5 bn
Domestic buyers count for over 50 per cent of a market that’s seeing greater participation from German funds, writes
Close to €680 million of tenanted property changed hands during the last three months, which means the Irish commercial property investment market looks to be on track for €3.5 billion worth of deals for 2015. That’s the view of Savills, although rivals JLL are more cautious suggesting that it might range between that and €3 billion.
BNP Paribas Real Estate (BNPRE) is somewhat less bullish, pointing out that total investment market turnover in Q2...
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