After a record year in 2014, the demand for Irish commercial property assets remained robust through 2015 and the opening months of 2016. This reflects a coincidence of positive factors. At home, 7.8% GDP growth over the last year has confined any lingering doubts about Ireland’s macro-economy to history. Occupational markets for business space have tightened across the board and, with very limited commercial development due to deliver before 2018, office, retail and industrial rents are forging ahead.
Source : Savills