Commercial Property

JLL finds positive returns in Irish property market values

The JLL Irish Property Index recorded the highest annual growth since 2018 in Q1 of this year, and while growth has slowed in Q2, the overall recovery is encouraging

Shoppers on Grafton Street in Dublin: the interest rate environment will be critical in shaping investor sentiment, pricing dynamics and market efficiency

The JLL Irish Property Index, which JLL has undertaken since 1969, measures return on direct investment in property and represents a typical institutional investment portfolio.

The portfolio, worth approximately €766 million, is weighted 57 per cent offices, 17 per cent retail, 13 per cent industrial, and 13 per cent residential.

The index overall returns increased by 1.6 per cent during the quarter and 8.5 per cent annually, putting annual growth at the highest level since ...