Commercial property recovery in Dublin outstrips EMEA rivals

Lower base among contributory factors, while city still proves relatively attractive option for investors

Grafton Street yields are still above the boom-time peak of 2.75 per cent

Dublin’s commercial property market outperformed most European cities in a number of market sectors in 2015 and some Irish sectors will see rental growth continue, partly due to supply constraints.

Dublin prime office rents showed the strongest increases out of the 54 cities surveyed as the capital’s rents jumped 22.3 per cent to end the year at €592 per square metre. This was also the strongest recovery seen in any of the cities ...