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Real Estate Briefing - Categorized | Commercial property Watch, Market Moves more

Irish commercial market set to return to liquidity in 2011

Posted on 03 November 2010

From Irishtimes.com: The Irish commercial property investment market has shown tentative signs of recovery during the first nine months of the year. Some €200 million worth of transactions were completed during the period – this represents an increase of 51 per cent on the same period in 2009.
Of course, this increase is measured against a very low base but the market is at least going in the right direction which is long overdue. Also very welcome is the strong level of overseas interest in the Irish commercial property market. Recent examples of this were the purchase of AIB Grafton Street by a German fund and the CityWest deal done by UK-based private investor London Regional……………………………………….Full Article: Source

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