Investment market gets new life
The investment market is set for a busy final quarter, as buyers seek to take advantage of a CGT waiver and a rise in supply of properties, writes Donal Buckley.
Up to €2 billion worth of commercial property deals could be completed this year when loan sales are included, more than was transacted in the five years between 2008 and 2012.
When the Opera Portfolio deal, which involved some Treasury Holdings properties, is included, sales so far in the third quarter of the year have amounted to €586 million. With less than four months left to the deadline for the capital gains tax ...