Commercial property market dips sharply in first half of 2023

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Retail is strongest sector as office market suffers worst six months in over a decade amid rising interest rates and ongoing confusion on work patterns via IrishTimesBiz

Office investments fared much worse, seeing their poorest volumes since the first quarter of 2012. Less than €42 million was invested in three transactions, with a Harcourt Street property accounting for the bulk of that at €34 million.

“It has been a difficult first half of the year, particularly for the office sector. Ireland is by no means unique in that regard, with declining transaction volumes in the sector across the globe,” said John Moran, chief executive and head of capital markets at JLL Ireland. “Encouragingly, PRS [the private rented sector] is remaining resilient albeit for smaller lot sizes, and retail has enjoyed its most buoyant period for a number of years.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Sherry FitzGerald flags thousands of properties lost to rental marketEstate agent estimates loss of up to 6,000 tenancies in the first six months of 2023
Fuente: IrishTimesBiz - 🏆 6. / 77 Leer más »