Property Year In Review

Current choppy market offers growth options for 2024

With the current uncertainty, there is a sense that interest rate stability and growth in the US is needed to give investors confidence

Eglinton Place in Donnybrook, Dublin 4, which was bought by M&G for €99 million in one of the most notable deals of the year

The Irish commercial property market is like a small boat in the choppy capital markets sea. The volatile political and economic landscape post-pandemic continues to impact the market and safeguarding assets to help weather the storm remains a priority.

The latest economic forecast for Ireland expects GDP to decline by 0.9 per cent in 2023 and grow by 3 per cent in 2024 and 3.4 per cent in 2025 from a peak growth rate of ...