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Ireland Investment and Funding Q1 2024
Volumes Low but Momentum Building and Sentiment Shifting
April 8, 2024 10 Minute Read
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- The opening quarter of the year has seen a definite lift in sentiment across European real estate investment markets
- Despite this, Irish investment spend totalled just €162m in Q1, the lowest quarter of spend since Q3 2012
- This is not reflective of the level of activity ongoing across the market, with several notable sales across sectors progressing well
- Following the sale of 104 units at 'Shackleton Park' in Q1, 'Kilcarbery Square' was launched to the market at the end of the quarter
- Prime residential and prime office guideline yields held firm in Q1, with yields in a number of other sectors now stable