Rebel county attracts rising interest

Cork’s property market is drawing the attention of investors from home and abroad, writes Donal Buckley

17th September, 2017
5
A computer-generated image of Navigation Square, a €90m project on Albert Quay

Cork’s property market is attracting increased interest from national and international investors and this, in turn, is generating increased commercial development.

One of Germany’s largest real estate investment managers, Real IS, recently bought the newly completed 8,500 square metre mixed-use site in Cork City, The Capitol, from John Cleary Developments for €45.6 million.

Kevin Donohue of Cushman & Wakefield, who advised Real IS, estimated that the building traded at a yield of...

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