Return on investment in Irish property down two quarters in a row for first time since 2011
New report showing declining returns comes amid warnings that up to €10bn could be wiped off the value of commercial property in Ireland in 2023
Return on investment in Irish property declined for the second consecutive quarter at the end of last year for the first time since 2011, a new report from JLL Ireland has shown.
Details of the report come amid warnings that up to €10 billion could be wiped off the value of commercial property in Ireland in 2023 as a result of rising interest rates and weakening demand.
The latest JLL Irish Property Index, which tracked ...