Economy gets thumbs-up

ONE of Europe’s top fund managers yesterday said the future of the Irish economy is bright.

Andreas Schreurs of German investment firm, Deka Immobilien, said the economy will continue to deliver stable growth over the next two years having achieved strong growth in previous years.

Mr Schreurs said Ireland retained a very good retail investment profile for a number of reasons: there was huge potential for growth in consumer spending, rents had risen substantially and there was a lack of retail space.