Portfolio boost sets market up to surpass 2006 record

Portfolio boost sets market up to surpass 2006 record

The release of Nama's latest Dublin portfolio means the property market is on track to hit a value of Euro 4 billion this year, writes Donal Buckley.

The value of investment activity in Irish property this year looks set to reach a record €4 billion following Nama’s announcement that it will bring five Irish property portfolios, with a combined value of approximately €600 million, to the market in this the final quarter of the year.

The portfolios for sale will consist of two portfolios of Dublin offices, one of which will include prime offices at 4-5 Grand Canal Square; one retail portfolio, comprising...

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