Commercial Property
Cushman & Wakefield: Raise a glass to a market that survived year of the ‘great repricing’
In spite of an ECB squeeze which sent investors diving for cover, our economic vital signs are strong and there is light on the horizon
It is unlikely that 2023 will be fondly recalled by those in Irish commercial real estate circles.
For many, it is most likely to be remembered as the year of the ‘great repricing’ when the most aggressive European Central Bank (ECB) tightening cycle in history pushed debt costs higher, capital values lower and led investors to seek temporary solace in the shadows.
While the global economy showed admirable resilience this year in avoiding recession, the ...
