Commercial Property

Value of Irish commercial office properties plunge to their lowest level in over a decade

New figures from MSCI show the average value of office buildings in Ireland have fallen to their lowest level since 2013

The pace of asset value decline in the office market is considerably higher than in the retail, industrial and logistics segments of the commercial property market. Picture: James McNamara

The value of Irish office properties have plunged to their lowest level in over a decade as higher interest rates, rising vacancy levels and a ...