Retail market is expected to become more competitive

Conditions in the Irish retail property market are set to become more competitive, with many retailers expecting consumer spending to slow over the course of the coming months, according to a new retail report from CBRE.

20th October, 2007

Conditions in the Irish retail property market are set to become more competitive, with many retailers expecting consumer spending to slow over the course of the coming months, according to a new retail report from CBRE.

‘‘There has been a huge development response in the Irish retail market in recent years, which could pose a threat of oversupply in some locations across the country over the coming years,” the report stated.

CBRE...

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