BNPPRE looks at the year ahead for the commercial property market

BNP Paribas Real Estate Ireland’s outlook report for commercial real estate in 2022 predicts continued growth and opportunities for investors

With significant space now under construction to meet logistics demand, it is predicted that the current trickle of new supply will strengthen to a flow in 2022 with further rental growth for this sector. Picture: Romaset/stock.adobe

With the Irish economy making a robust recovery and a strong 2022 in prospect, commercial real estate is expected to continue in growth mode, with significant new opportunity for investors, the 2022 Outlook from BNP Paribas Real Estate Ireland (BNPPRE) suggests.

The report outlines value in a range of investment sectors and high relative returns.

Residential and logistics will again drive the demand side, but the smart money will look to retail, with the overall ...