Value is attracting investors to commercial property deals
Cash is king in the commercial property market, but there are signs bank lending is starting to creep back into the market, writes Philip Connolly.
As legendary investor Warren Buffett once put it: "The lower things go, the more I buy." While the Irish commercial property market may have taken a hammering over the past five years and a significant upturn may still seem a long way off, there is a school of thought that there are worse times to buy.
International investors seem to agree, with large US firms such as Kennedy Wilson and Starwood Capital spending millions buying...
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