Investment doubles to nearly €1bn on back of interest in office sector

Dublin is showing good value for overseas buyers, but for tenants it’s a different story

German investor Triuva bought 1 Dublin Landings for €164 million earlier this year

The first quarter of this year saw a near doubling in the value of Irish investment deals, which stands at €932.9 million compared to the corresponding period in 2017.

According to John Ring of Knight Frank Ireland, offices continue to remain the favoured sector, accounting for 54 per cent of transactions, followed by mixed-use properties with 23 per cent and residential with 14 per cent.

The largest transaction of the quarter saw Northwood ...