Commercial property research and viewpoints

Ireland Valuation Bulletin Q1 2017

28/04/2017

Investment into the Republic and Northern Ireland commercial property markets in Q1 2017 was lower than the same period in previous years, according to the latest edition of our Ireland Valuation Bulletin. However, prime yields have remained stable in the three months to Q1 2017 in both the Republic and Northern Ireland

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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Contact us now

Darren Fitzsimons
Head of Valuation - Northern Ireland

028 9026 9264

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