Listen to Marie Hunt, Head of Research, discussing our latest CBRE Ireland Bi-Monthly Research Report, looking at the latest trends and transactions across all sectors of the Irish commercial real estate market.



Key Points
  • Despite the fact that Brexit is now less than a month away and uncertainty continues to prevail, investor & occupier appetite for Irish real estate remains strong regardless 
  • Particularly strong demand for investment opportunities in the office and Build-to-Rent sectors
  • An increasing proportion of occupiers focussing attention on affordable edge-of-city office buildings
  • Several developers now reviewing existing office portfolios & planning permissions to investigate the potential of achieving increased height & density
  • Particularly strong appetite for retail offerings within mixed-use developments as the Placemaking agenda gathers momentum
  • Brexit has given rise to additional enquiries and requirements for industrial & logistics accommodation
  • Growing evidence of investors chasing value-add opportunities in the current market in an effort to generate enhanced returns
  • Prime yields across all sectors remain stable following some softening in the retail sector earlier in the year
  • An increasing number of investors now looking for opportunities to invest in the development of micro-living & co-living concepts
  • Strong appetite for sites capable of supporting the development of Build-to-Rent and Co-living concepts
  • A notable increase in demand for residential sites along key transport corridors with particularly strong appetite for good sites along the M1 and M7 road corridors
  • Following a slow start hotel transactional activity expected to strengthen from Q2 onwards
  • Prime industrial rents in Cork have increased in recent months