Loan sales hit property deals

1st November, 2015
4
The Block R office building in the Dublin docklands made over €104 million

A possible drop in the level of total investment property deals this year to €3 billion will be due mainly to the scale of loan sale activity, according to the latest CBRE bi-monthly report.

Nevertheless, the report describes 2015 as exceptionally busy for both occupiers and investors in Irish commercial property.

“All sectors recorded strong volumes of activity and many sectors have exceeded last year’s transaction volumes by a considerable margin,” said Marie Hunt, head of...

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