Property investment falls 42% on Q1 2018, but plenty of deals in pipeline
Activity in the property investment market reached approximately €545.5 million in the opening quarter of 2019. This compares to €940 million in Q1 2018 – a drop of 42 per cent.
An interesting development over 2018 was the notable increase in off-market activity. This continued into 2019 with off-market activity accounting for over half of activity (by volume) across nine transactions. The largest of these was the sale of the Charlemont Exchange office scheme, to South Korean-based fund, Vestas Investment Management,...
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