Commercial Property
Value of Irish property deals this year close to record levels
Record of 2019 could even be exceeded, but the final figure for the year will depend on whether some large deals conclude and at what price
The value of Irish property deals this year will be at least €4.5 billion and, if including the company sale of Hibernia Reit for €1.09 billion, it would amount to at least €5.59 billion, which is close to the record level of €6 billion seen in 2019.
Indeed that record could be exceeded despite prices for some commercial properties declining.
Aoife Brennan, head of research at Lisney, said the final figure for the year “will ...