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Irish commercial property investment in 2014 was 25% above the peak bubble year of 2006
(31 Jan 2015)
Irish commercial property investment in 2014 was 25% above the peak bubble year of 2006
Total year-end volumes are €4.54bn which is a 25% increase on the previous peak in 2006 (€3.63bn).
A total of €1.55bn was invested in Irish real estate in Q4 2014 which was the strongest quarter.
295 transactions in 2014 compared to 145 in 2013 and 121 in 2006.
There were 15 transactions greater than €100m in 2014 compared to 3 in 2013.
The largest transaction of the year was Project Sapphire which Cosgraves sold to Green REIT for €375m in Q2 comprising
Two Office Blocks: George’s Quay and George’s Court
Westend Retail Park
2015 predicted to be another strong Year
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Ireland World Investments (IWI) has negotiated a long-term 20-year lease with the KWETB to lease Block E Bray, Civic Centre, Co Wicklow.
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