Irish not willing to gamble on Europe

Irish buyers have reassessed their investment strategies and are no longer prepared to take a gamble on those overseas markets which they perceive as risky, according to a new report on the European investment market from property consultant DTZ.

Irish buyers have reassessed their investment strategies and are no longer prepared to take a gamble on those overseas markets which they perceive as risky, according to a new report on the European investment market from property consultant DTZ.

The report found that the total investment volume across Europe for the first quarter of 2008 was €38 billion, down 18 per cent on the previous quarter.

Sean McCormack of DTZ Sherry FitzGerald in ...