Return on investment in Irish property down two quarters in a row for first time since 2011

📆 1/25/2023 2:00 PM
📰 businessposthq

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Return on investment in Irish property declined for the second consecutive quarter at the end of last year for the first time since 2011, a new report from JLL Ireland has shown.

Details of the report come amid warnings that up to €10 billion could be wiped off the value of

commercial property in Ireland in 2023 as a result of rising interest rates and weakening demand.

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