Friday February 28, 2020

Dublin retail space ‘under-priced’

23rd May, 2015
9
A recent survey of commercial occupiers foresees a rent growth of around 6 per cent in the next year

Prime Dublin retail properties are currently under-priced by as much as 20 per cent and could achieve total annual returns of 9.5 per cent over the next five years. That’s according to the latest Fair Value Index by the international research arm of estate agents DTZ. Consequently, it foresees further yield compression and increased rental growth expectations.

The strong growth in returns is also attributed to Irish economic growth becoming the sixth-fastest in Europe over...

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