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Irish commercial property capital value has tumbled 64.2pct from Sept 2007 bubble peak

Posted on 20 October 2011

Irish commercial property capital value has tumbled 64.2% from the September 2007 bubble peak. The Jones Lang LaSalle Irish Property Index (pdf) results for Q3 2011 were mixed. The overall return for the Index is still falling (-1.9%) and disappointingly, year-on-year overall returns were 5.0% lower, compared to 2.0% year-on-year results for the previous quarter.
On a more positive note, all indices are falling at a lower pace than the previous quarter with overall returns at -1.9% compared to -3.4% in Q2……………………………………….Full Article: Source


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