Commercial property investment lags €650m behind long-term average

📆 2023/10/04 23:41:00
📰 businessposthq

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€444 million was invested in commercial property in Q3, significantly down on a ten-year average of €1.1 billion

Commercial property investment in the past three months tracked significantly behind long-term averages that have been recorded by the sector, new data from CBRE, the real estate firm, has shown.

Over the past ten years, an average of €1.1 billion has been invested in Irish commercial property in the third quarter of each year. New data from CBRE has shown the rate of investment between July and September of this year was €444 million, a ...

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Commercial real estate investment in third quarter less than half of averageA total of €444 million was invested into Irish commercial property in the third quarter, across 30 transactions.
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