Commercial Property
Mood of cautious optimism prevails in commercial real estate
Investors are regrouping and setting strategies to take into account the new monetary reality, rebalancing toward property that has enduring value, writes Damien McCaffrey
Last year was a tumultuous one for the global economy and commercial real estate markets. As a small open economy, Ireland has been affected. However, Ireland continues to outperform, and fundamentals – including strong demographic growth, EU membership and close cultural ties with the US – will continue to attract capital into Irish property.
After more than a decade of abnormally accommodative monetary policy, sharp interest rate increases since last July have caused a reset ...
