Year in review: A time of resilience and renewed optimism

Despite the challenges of the pandemic, all sectors of the real estate market exceeded expectations this year and the good news looks set to continue

Despite the pandemic, the retail sector showed signs of life, including the €18.5 million sale of Bridgewater Shopping Centre in Arklow, Co Wicklow, which JLL facilitated

The final impact of Covid-19 and its associated lockdowns on the economy will not be fully realised until the nation finally emerges from the pandemic. Despite operating in a climate akin to fighting with one arm tied behind your back, 2021 from a real estate perspective, has been a year of resilience and renewed optimism.

All sectors of the market exceeded initial expectations throughout 2021 with €3.5 billion transacted in the first nine months. This ...