Saturday October 31, 2020

This will be retail’s year

Confidence in the retail property sector is rushing back

31st January, 2016
Madison Realty has paid €60 million for a stake in St Stephen’s Green Shopping Centre in Dublin

The office market has been in strong recovery mode for the last three years, but it was only in 2015 that the retail sector showed a clear reversal in investor sentiment, and all the indications are that this will continue in 2016.

With 50 per cent of deals in Q4 2015 coming from the retail sector – including several big ticket purchases by international investors – it is palpable that confidence in this sector is rapidly returning.

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