Year in review: PRS and logistics show star quality in a difficult year

For the market, this year was neither the best of times nor the worst

Logistics investment is on course for its strongest ever year, which is no surprise with e-commerce booming, driving demand for supply chain services. Picture: Getty Images/Image Source

This year has been a mixed bag; in sporting parlance, a marathon rather than a sprint. At the start of the year, we had full-on lockdown, no international travel, no vaccines and, in the world of commercial property, no investors or occupiers!

Silver linings? Well, there’s no comparison between the effect of Covid-19 on investment volumes and that of the 2008/9 global financial crisis throughout Europe. Plus, Ireland’s corporation tax negotiations, which represented market uncertainty, ...