Looking at the market's prospects

With signs that the commercial property market bottomed out last year, can 2013 signal a recovery in the industry, asks Philip Connolly.

20th January, 2013
The Burlington was picked up for a discount.

For many in the commercial property sector, 2012 was the year when parts of the property market, particularly in Dublin, bottomed out. Activity picked up across the market as the National Asset Management Agency (Nama) and many Irish banks started getting commercial property off their books. International investors also flowed into the market, buying up properties at massive discounts.

So what will 2013 bring? The hope is that activity will continue to rise and international investors...

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