2013 on track to be the best year since 2007 for the Irish commercial real estate market
Dublin, 1st November 2013 – Commercial property consultants CBRE today released their last bi-monthly report for 2013, focussing on trends in all sectors of the Irish commercial property market. The property consultants say that 2013 is on track to be the best year in the Irish commercial property market since the peak in 2007 with transactional activity in all sectors up significantly year-on-year.
According to Enda Luddy, Managing Director at CBRE Ireland, “2013 has been a very strong year for the Irish commercial property market with recovery now evident in each sector of the market and a marked improvement in transaction volumes across all sectors. At this stage in the year the focus would normally be on getting transactions closed by year-end but such is the weight of demand for prime real estate at present, we are continuing to see new properties and portfolios being released for sale even at this late stage in the year”.
Office & Industrial Market
Northern Ireland Market