Commercial property market faces €10 billion correction

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Central Bank warns of downturn as pension funds and retail investors brace for double-digit losses

A potential €10 billion correction in Ireland’s commercial property market gathered pace last month as rising vacancy rates in the office market combined with higher interest rates continue to drive a sharp adjustment in the market.

Retail investors and pension funds are facing double-digit losses on the value of their investments in commercial property assets, with the Central Bank of Ireland warning last week that the market is now in a “downturn”.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 8. in BR

Brasil Últimas Notícias, Brasil Manchetes