Experts predict ‘cooling-off in investment and leasing activity’

Speakers at The Sunday Business Post Summit remain optimistic for a steady performance in commercial property next year

Rachel Kenny, director of planning, An Bord Pleanála and John Bruder, managing director, Burlington Real Estate

Concerns about the effect of global economic clouds on Irish commercial property from 2020 were raised by some speakers at the commercial property stream of last week’s Sunday Business Post’s annual property summit.

John Moran, JLL Ireland’s chief executive, said Irish property investment volumes will exceed €3 billion this year, which compares to a five-year average of €3.6 billion and a ten-year average of €2.1 billion, with the latter a more sustainable Dublin ...