Over €5.5 billion was invested in commercial property in Ireland last year, according to an analysis of the market by estate agents Savills.
It is understood there was considerable interest in acquiring the property with strong bidding from a number of parties. The retail sector also performed strongly with 13 assets exchanged in the final quarter of the year alone. "Retail parks have performed well during the pandemic, driven by stable demand for electrical goods, furniture, food, and household items," it stated.