Commercial Property

Greenman Fund has activated ‘redemption gate’ after spike in redemption requests during third quarter

Market for apartments and offices sees recovery as expectations rise for year to come

Deals by leading companies including Apple, EY and BNY show demand for best spaces in prime locations is robust

Growing economy sees strong demand for limited available space on Grafton Street and elsewhere across all retail sectors

Past year defined by resilience and recalibration in face of global uncertainty

Government policy now treats provision of homes as infrastructure, making it one of Europe’s most compelling growth markets

Value of hotel sales for this year set to surpass previous record of €1.1 billion set in 2006

‘Remarkable’ recovery sees continued flow of international capital into the sector, both for investment and development

French SCPIs playing increasing role in the Irish market, with €312m invested in year to date

Seventeen of the capital’s pubs have changed hands so far this year, while 12 more are currently sale-agreed

US-headquartered Realty Income dominates activity with deals for Oaktree and Trinity Collection portfolios

Flawed regulatory policy cobbled together to help tenants is excluding funders of much-needed housing supply

Demand for sustainable green buildings is driving activity, but lack of development pipeline may push rents up

Housing shortages continue to weigh on market, but overall it’s been a good year for land sales, with strong demand

Decisions are being taken once again following seismic global events, of which the pandemic and high inflation are but two

There are still challenges, but investor confidence is growing, as momentum picks up across most sectors

Land Development Agency and Approved Housing Bodies now playing central role in the market for land

Spending of €2.4bn on commercial real estate is positive, but a long way off 10-year average of €4bn

Robust pipeline of assets set to come to market in next 12 months across residential, office and logistics sectors

While 1.2m sq ft of office space is scheduled to complete in the next 12 months, 75 per cent of this is already pre-committed