Industrial properties sold in deals worth €37m

Industrial properties sold in deals worth €37m View Gallery
Unit 2, Cloverhill industrial estate sold for more than €2 million

Rents in the sector are expected to move upwards as stock remains limited

Deals to buy more than €37 million worth of industrial properties were seen in the third quarter of the year, according to figures compiled by The Sunday Business Post.

Investment deals with tenancies accounted for seven of the deals, and these were worth a combined €26 million according to a report by BNP Paribas Real Estate. The largest of these was a portfolio which sold off market for €18 million.

According to CBRE, there were 40 industrial transactions...

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