• The overall trajectory of the Irish commercial real estate market is positive, but there is disparity in performance between sectors
  • The overall trajectory of the Irish commercial real estate market is positive, but there is disparity in performance between sectors
  • The ‘return to the office’ trend will accelerate over the coming months. Most organisations are leaning towards some form of a mixed or hybrid work pattern
  • ‘Flight to quality’ very much in evidence with occupiers favouring, and in some cases competing for, the most modern & sustainable office accommodation options
  • The industrial & logistics sector is on course to have its strongest year on record in 2021
  • Consumers have not yet returned to pre-pandemic shopping behaviours but there has been a welcome improvement in footfall, consumer confidence & retail sales expenditure
  • €2.7 billion has been invested in Irish commercial real estate in the first half of the year and the market is now firmly on target to achieve annual investment volumes in excess of €4 billion
  • A large number of international investors and occupiers are due to undertake tours and building inspections during September
  • Prime office and prime industrial yields have now converged in both Dublin and Cork - a new departure for the Irish market
  • Increased appetite for development opportunities in the hotel and healthcare sectors in recent months
  • It will take some time for any of the policy changes in the Governments’ ‘Housing for All’ plan to significantly boost housing delivery. CBRE are calling for Government to draw a line in the sand on policy changes