In the Republic of Ireland this quarter the trend was for an increased number of transactions at lower than average values, and office transactions continued to dominate. We expect that transaction levels this year will be on par with recent years.
In Northern Ireland investment activity has been low in Q1 2017 principally due to restricted supply. We are however aware of around £200mn of deals in legals or sale agreed paving the way for a significant increase in activity as the year progresses.
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