Investors focus on shopping centres and warehouse retail in first quarter

Secondary retail properties also outstrip prime locations for relative rental returns

Henry Street in Dublin 1: a return of 0.8 per cent during Q1 of 2019

Sections of the Irish retail property market are holding up well, although some sectors are showing signs of weakness based on reports published in recent weeks.

The most recent report from the authoritative analyst MSCI, based on its Q1 Irish Property index, saw returns from Irish shopping centres falling 1 per cent, curtailing this sector’s 12 month returns to 4.4 per cent.

In contrast, Dublin’s two high streets, the prime Henry and Grafton ...