Irish commercial property market could lose €10bn in value in 2023

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Significant write-downs are expected in response to rising interest rates and reduced demand, while values across retail, industrial, logistics, office and residential units could fall between 10 and 20 per cent this year

Up to €10 billion could be wiped off the value of commercial property in Ireland this year due to rising interest rates and weakening demand, an analysis by the Business Post has shown.

Market analysts are projecting that commercial property values across retail, industrial, logistics, office and residential units will fall between 10 and 20 per cent this year in response to the changing economic environment.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 8. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes