We are delighted to share with you below the CBRE Ireland Real Estate Market Outlook 2023 report alongside the virtual recording of the event and our Head of Research, Colin Richardson’s interview on Newstalk’s Breakfast briefing.
CBRE’s Outlook 2023 report provides a succinct summary of trends experienced in 2022 and key insights and predictions for each sector of the Irish commercial property market over the course of the next 12 months.
The year that passed was one of change in the real estate environment globally. Geopolitical events, inflationary pressures and interest rate movements impacted investment, and to a lesser extent leasing volumes, while also challenging the activities of developers and real estate operators. However, the Irish economy and real estate market has proved remarkably resilient, with some key sectors performing exceptionally well. The opening half of 2023 will continue to be influenced by these factors and this will present some challenges and some opportunities. However, we may see real estate investment activity levels rebound stronger and faster than many anticipate, while the occupational markets and operational real estate will continue to prove resilient.
Here’s to a successful 2023 and do please feel free to contact us
if you would like to discuss any aspect of the Outlook 2023 report further.
Colin Richardson, Director & Head of Research at CBRE Ireland – Colin joined CBRE Ireland in 2019 where he produces periodic research and analysis on the Irish commercial real estate market and carries out specialist consultancy work on behalf of a broad range of institutional, private and public sector clients. Colin previously spent several years working in the investment industry in Dublin and is a graduate of DCU Business School, holding both a primary degree and a master’s in finance.