The Irish commercial property investment market remains buoyant in the wake of the UK’s decision to leave the European Union, according to CBRE.
Almost €3.2bn (£2.8bn) of €1m-plus investment sales have taken place in the Irish market over the past nine months.
The advisory firm recorded 159 investment deals, with 40 signing in the past three months.
Irish investment sales
Fiona Kennedy from the investment team at CBRE Ireland said: “To date, the Brexit referendum result has had no discernible impact on the appetite for Irish commercial property investments. If anything, it has boosted the volume of enquiries for prime real estate, with several euro-denominated funds having increased their capital allocations of late.”
• To send feedback, e-mail shekha.vyas@estatesgazette.com or tweet @ShekhaV or @estatesgazette
