Retail gallops to catch up with other sectors

Retail gallops to catch up with other sectors View Gallery
Friends First has invested €16.75 million in Carlow Retail Park

Two recent reports show 0.4 per cent rises in rents and capital values for retail properties in the three months to the end of September, writes Donal Buckley

The Irish retail property sector outperformed office and industrial sectors during the third quarter of this year as it played catch-up while its two rivals marked time.

Meanwhile, some provincial city high streets enjoyed declining retail vacancies, but vacancies in Dublin, Belfast and Waterford increased. These are some of the features of two recent reports on the property markets.

Increases of 0.4 per cent were seen in both rents and capital values for retail properties...

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