Dublin's commercial property market performs better than New York and Tokyo'

Dublin's commercial property market outperformed some of the biggest investment markets in the world in the 12 months to the end of June.

John and Bernie Gallagher bought the Bord Gais Energy Theatre in Grand Canal Square for around €27 million Picture: Tony O'Shea

Dublin’s commercial property market outperformed some of the biggest investment markets in the world in the 12 months to the end of June. When allowance is made for Dublin’s smaller population, it could be considered to have performed better than New York and Tokyo.

These are the conclusions reached by Aoife Brennan, director of Irish estate agents Lisney, in an analysis of international trends. New York saw about €43.6 billion worth of property ...