Friday September 18, 2020

Strong returns on the way over next two years

Andrew Hook of Aviva Ireland’s Irish Property Fund says the outlook for domestic commercial property is a good one over the next two years. Donal Buckley reports.

22nd March, 2015
9
Riverside 1, on the south docklands in Dublin is one of Aviva’s trophy holdings

Strong returns are expected to be generated by Irish commercial property over the next two years, and they will moderate in the following years. That’s according to Andrew Hook, manager of Aviva Ireland’s Irish Property Fund, which was valued at €197.8 million at the beginning of this month.

“For the next five years as a whole, we forecast total returns [for the market] in the order of 12.7 per cent per...

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