The ongoing recovery of the commercial property market is continuing at pace with €1.7bn transacted in the first half of 2014, a 168% increase on the corresponding period the previous year
€1.65bn (97%) was transacted in the Dublin market
The office sector accounted for approx. €732m or 43% of total investment volumes
The latest IPD property figures show capital growth of 5% in Q1 2014 with total returns rising to 7.2% the highest quarterly return since Q2 2006
Underpinned by improving economic sentiment, favourable policy measures and increasing occupier appetite, investor demand continues to grow and it is expected that total investment volumes will exceed €3.5 billion by the year end with further yield compression expected across all sectors
INVESTMENT VOLUME SPEND 1989 -2014 - CLICK TO ENLARGE
Lower Mercer Street 