Friday January 17, 2020

Asian investors tipped to put more money into Irish property

Property consultants CBRE predict decline in overall investment in 2020

Killian Woods

Business reporter

@killianwoods
14th January, 2020
3
There are about 5,000 new hotel rooms under construction in Dublin, according to CBRE. Picture: Leon Farrell / RollingNews.ie

The Irish property market is set for increased levels of Asian investment this year, with a new influx of Singapore and Hong Kong interests entering the market.

A report by CBRE, the property consultants, also predicted a decline in appetite from Korean investors in 2020, but continued interest from both Irish and European institutional funds for Irish real estate investment opportunities.

In its Outlook 2020 report, CBRE said there would be some high-profile investment trades this...

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