Sunday August 9, 2020

One-third of surveyors believe property in a downturn

The latest commercial property monitor shows twice as many still believe the opposite

3rd November, 2019
The Reflector in Dublin’s south Docklands: sold for about €155 million

More than one third of surveyors believe the Irish commercial property market is in the downturn phase of the property cycle, although sentiment for offices and industrial are more positive than those for retail.

These are among the findings of the latest Q3 2019 Ireland Commercial Property Monitor compiled by the Royal Institute of Chartered Surveyors (RICS) in conjunction with its Irish associate, the Society of Chartered Surveyors Ireland (SCSI).

It shows that 36 per cent...

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