Commercial investment hits €1.2bn in second quarter

Colliers estate agency maintains a positive outlook for the Irish investment market, despite external uncertainties

The largest retail transaction of the quarter was the sale of Manor West Retail Park in Tralee to Marlet for €55.2 million

New figures in relation to the Irish commercial property investment market, analysed by our in-house research team, show a total turnover of more than €1.2 billion in Q2 2022. This brings total investment turnover for the first six months of the year to almost €2 billion.

In addition to this, the sale of Hibernia Reit to Canadian fund Brookfield Asset Management for €1.1 billion closed in Q2. This transaction was completed by way of share ...