No supply shortage as commercial sector booms
Far Eastern investment highlights the confidence in the Irish market, and reflects appetite for €100 million mega-deals
This year could yet see more than €5 billion-worth of commercial property, development land and hospitality properties change hands, with several deals agreed. It may not be a record year, but it will be well above average.
The consensus among agents is that investment deals, including multi-unit residential, should exceed €3 billion. Development land sales could top the billion mark, while the hotel-dominated hospitality sector could contribute a further €800 million.
Over the coming days,...
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