Sunday March 29, 2020

Investor caution sees sales fall

Commercial sales advance, while the residential buyers hold back at Allsop’s auctions.

26th April, 2015
18
8a Sandyford Business Centre, Dublin 18, which sold for €1.63 million

Allsop’s two auctions last week generated €53.3 million from the sale of 207 properties. While the residential auction on Tuesday sold 132 properties for €25.7 million, the commercial auction on Thursday generated an even greater €27.6 million from the sale of 75 properties.

The strongest bids were seen for three types of properties: income-generating properties with high yields in the regions, those with low yields in Dublin, as well as zoned development sites in the greater...

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