• Despite growing concerns about the global economy, the forthcoming Budget & Brexit, the outlook for the Irish commercial property market remains encouraging
  •  Interest rates are now likely to remain low for a longer period than originally anticipated, which bodes well for continued investment in the real estate asset class 
  • Frustration at the backlog of transactions awaiting completion in various sectors of the market
  • Less pressure on office occupiers to make decisions due to the volume of fitted suites, serviced accommodation and co-working options available at present
  • Take-up in the industrial & logistics sector boosted by Brexit-related activity with noticeable increase in demand for light industrial buildings and land
  • Some softening in high street retail rents over recent months
  • Particularly strong depth to investor appetite for lot sizes ranging between €20 million and €50 million
  • Investors, promotors and operating platforms continuing to look for opportunities to align themselves with developers and deploy capital into the Build-to-Rent sector
  • Concerns about tampering with the ‘Help to Buy’ scheme in the forthcoming Budget
  • Up to €500 million of hotel transactions have the potential to complete before year-end
  • French, German & Dutch investors now own many of the largest nursing homes in the country
  • Much of the activity in the Cork market focussed on planning and development in recent months