Investment in commercial property down so far this year

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 61%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Investment in Irish commercial property totalled €430 million between July and September, new figures show.

However, it says capital spend remains well below the long-term average for the third quarter of €788 million.

During the same period, the value of land sold for development purposes reached €226 million, approximately half that recorded for the same period the previous year. The data shows that the volume of transactions in both markets so far this year was down by just over a third compared to the same period last year, with 57 development land sales and 91 investment sales closing during the period.

In the development land market, only 2% of all sales since the beginning of the year were valued at €15 million or greater, while in the investment market only 9% of acquisitions were €50 million or greater.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 16. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Building and borrowing costs squeezing commercial property investment and land salesThis year set to be 'one of the weakest on record', according to Sherry Fitzgerald
Herkunft: IrishTimesBiz - 🏆 6. / 77 Weiterlesen »