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John Mccartney

Director of Research

Savills Ireland

Broker / Asset management / Real estate expert / Property management

Last update July 12, 2019 | Report an error

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Contributors

Larry Brennan

Head of European Retail Agency

Larry Brennan

Head of European Retail Agency

Investment

Northern Ireland : Investment Snapshot - 2017

The global economy continues to perform strongly with the IMF pencilling in GDP growth of 3.6% in 2017 and 3.7% in 2018. Inevitably this (...)

Retail

Ireland : Retail - december 2017

Ireland’s economy continues to perform well with total output expanding by 5.8% per annum – a considerably stronger growth rate than the 2% being (...)

Office

Dublin : Offices - Q3 2017

Ireland’s economy continues to perform exceptionally well with output now rising at a rate of 5.8% per annum (compared with 2.0% across the EU (...)

Housing

Shifting Ownership in Ireland’s Private Rented Sector

In October 2016 Savills published A Rent Forecasting Model for the Private Rented Sector in Ireland. That report combined unpublished CSO statistics on housing (...)

Office

Dublin : Offices - Q2 2017

Dublin’s office market continues to enjoy the support of a rapidly expanding economy. Output growth accelerated from 5.1% per annum in Q1 to 5.8% (...)

Retail

Ireland : Retail - August 2017

Last year’s economic momentum has carried into the opening half of 2017. GDP growth has accelerated to 6.1% per annum – compared with 2.4% (...)

Office

Dublin Offices - Q1 2017

Recent data underscore the increasingly dominant role of Dublin as a driver of economic growth in Ireland. Census figures reveal that the capital’s population (...)

Housing

Irish Country Homes - Q2 2017

Ireland’s economy continued its strong run in 2016 with growth of 5.2% making it the best performing economy in the EU for the third (...)

Logistics

Dublin Industrial Market - Q1 2017

For the 3rd year in a row Ireland remained the EU's fastest growing economy in 2016 and latest figures show that output is expanding (...)

Retail

Ireland : Retail - Q4 2016

Despite increased political uncertainty across the world Ireland’s economy has continued to perform well since our last report. Total employment is rising by 2.9 (...)

Office

Dublin : Offices - Q4 2016

Despite increased political uncertainty across the world, Ireland’s economy continues to perform well. Total employment is now rising by 2.9% per annum – the (...)

Logistics

Dublin : Industrial Market - Q3 2016

Ireland’s economy has continued to outperform since our last report. Employment is now rising by 2.9 percent per annum – the third fastest growth (...)

Retail

Ireland : Retail - July 2016

Ireland’s economy has continued to go from strength to strength since our last report. GDP grew by 7.8% in 2015, leaving Ireland at the (...)

Investment

Ireland Investment Report 2016

After a record year in 2014, the demand for Irish commercial property assets remained robust through 2015 and the opening months of 2016. This (...)

Housing

Irish Country Homes Report - Q2 2016

Ireland’s economy is advancing at a remarkable pace, with the latest National Accounts confirming GDP growth of 7.8% in 2015 – the strongest rate (...)

Housing

Ireland Residential Report

Ireland’s economy is growing at a blistering pace with the latest National Accounts showing annual GDP growth of 7.8%. Robust exports in recent years (...)

Hospitality

Ireland Hotels & Leisure - Q1 2016

Ireland’s economy continues to outperform with the latest national accounts indicating GDP growth of 7% in the year to September. This momentum persisted in (...)

Retail

Dublin Retail - Q4 2015

Ireland’s economy has continued on the front foot since our last report with real GDP growing at an annualised 6.7% in Q2. Favourable tailwinds, (...)

Retail

Ireland Retail - October 2015

Ireland’s economy is now motoring very strongly with annual GDP growth of 6.7% in quarter two. Robust growth in Britain and America, continued weakness (...)

Logistics

Dublin Industrial Market - Q3 2015

Strong exports and consumer-driven imports have combined to force more goods through the economy and this is driving the demand for warehousing space. Gross (...)

Hospitality

Ireland : Hotels & Leisure

Ireland was Europe’s fastest growing economy in 2014 with GDP expanding by 4.8%. This was the sharpest rate of increase since 2007 and reflects (...)

Investment

Investment Report 2015

Commercial property investment spending more then doubled in 2014 and the total turnover of €4.5 billion represents a 40% increase on the previous (...)

Housing

Development Land Market in Minutes - Q1 2015

Ireland’s economy grew strongly in the first nine months of 2014 with GDP increasing by almost 5%. There has been positive growth in five (...)

Housing

Residential Property - Q1 2015

The initial phase of the recovery was led by exports growth. However domestic demand is now also contributing positively to growth. Over 100,000 new (...)

Logistics

Dublin Industrial Market - Q4 2014

Ireland’s economy expanded by almost 5% in the first three quarters of 2014 and GDP is now only 1.7% below the prerecession peak in (...)

Investment

Ireland Retail - Q3 2014

Employment growth driving retail recovery. Conditions to improve further in 2015. Retail rents picking up in prime locations. Recovery will be slower outside major towns and cities. Source (...)

Retail

Ireland Retail Market in Minutes - Q2 2014

Recovery in full-time employment boosts economic momentum. Rebound in larger purchases as confidence hits seven year high. Improving sentiment and retail sales beginning to push prime (...)

Logistics

Dublin Industrial Market - Q2 2014

Ireland’s economic recovery is now well established. The most recent national accounts show that the economy grew by 3.4% in the year to Q1 (...)

Housing

Who is looking at Irish Property ? - Q1 2014

Despite the challenges that undoubtebly remain, Irelannd’s economy is now well established on the path to recovery. GNP has grown in six of the last (...)

Office

Dublin Office

Jobs growth driving demand for office space 32% lettings increase Q1 2014 vs Q1 2013 Take-up dominated by ICT, professional services and financial services Take-up increasingly feeding (...)

Hospitality

Irish Hotels

The outlook for the second half of 2014 is positive. At the macroeconomic level, further growth in GNP and employment numbers is expected to (...)

Logistics

Dublin industrial market - Q1 2014

Ireland is now firmly established on the path to economic recovery. Growth has been recorded in seven of the last eight quarters, and recent (...)

Office

Netherlands - H2 2013

In 2013 total office take-up in the Big 4 cities reached 530,200 sqm, slightly below the average demand over the past four years. Demand in (...)

Investment

Netherlands : Investor interest for non-core assets will increase

While the first signs of economic recovery were visible early 2013, it was not until the final quarter before the majority of the key (...)

Investment

Ireland : Investment Market Review and Outlook

There is now a growing sense that Ireland’s economy is on a sustainable recovery path. Reflecting the progress that has been made in rebalancing (...)

Hospitality

Irish hotel market

The macro-economic outlook for 2014 is considerably brighter than it was at this time last year. Significant progress has been made in restructuring Ireland’s (...)

Retail

Ireland Retail - Q4 2013

Retail conditions improving as economy picks up. However, conditions will continue to vary by location and store type. Activity remains focused on better performing shopping centres (...)

Logistics

Dublin industrial market - Q4 2013

There is now a growing sense that we are beginning to see a real turnaround in Ireland’s economic fortunes. The latest national accounts show (...)

Investment

Northern Ireland

2013 marked something of a Renaissance with confidence returning to all sectors of the market. Investment sales were £175m - more than the combined total (...)

Investment

Investment Market

Recovery well underway in the Dublin office market – Vacancy rates falling, prime rents now rising. Retail conditions gradually recovering with improvement in the labour (...)