How will property fare in a post-Brexit market?

Uncertainty hangs over the property industry but some trends can be discerned

Grafton Street in Dublin: British retailers trading in Ireland can profit from weaker sterling rates Picture: Feargal Ward

Both the possible positive and negative effects of Brexit on each sector of the Irish property market were outlined by John McCartney, Savills’ director of research, at the Urban Land Institute’s summer networking event in Dublin last Thursday.

With the Bank of England embarking on an easing of monetary policy, he said this will keep interest rates lower for a longer period of time as it is likely to also see the European ...