Transactions in Irish investment market rises 26% in third quarter, says Sherry FitzGerald

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 98%

Sherry-Fitzgerald News

Business Business Latest News,Business Business Headlines

Market at ‘very early stages of recovery and overall activity remains below average’

The Square shopping centre in Tallaght was sold for an estimated €130 million to real estate investment companies Eagle Street Partners and Arrow.

However, only 24 transactions closed during the third quarter compared to 34 sales in the second quarter this year. The transactions in the second quarter totalled €523 million. The third quarter transaction figure can be credited to the increase in the price of large-scale transactions with 13 per cent of all property sales valued at €50 million or greater, Sherry FitzGerald said.

In the first nine months of the year, investment in the Irish market totalled almost €1.3 billion. . This number was 13 per cent below the same period in 2023 due to a slow start to the year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines