Almost €1.5bn invested in commercial real estate in Q2

Figure brings six-month total for year so far to €2.7bn, a 59 per cent rise on same period in 2020

The major office transaction of the quarter again involved a German Fund, Deka, which acquired Block A Riverside IV, 70 Sir John Rogerson’s Quay. Picture: Tony Healy

The commercial real estate investment market, which tracks transactions valued over €1 million, once again showed strong resilience in Q2 2021with just under €1.5 billion invested, bringing the six-month total for 2021 to €2.7 billion.

This is a significant, 59 per cent increase on the 2020 figure of €1.1 billion for the same period, albeit it being the quarter of the year which bore the brunt of the initial Covid-19 related lockdown.

The most active ...