Irish sell off €700m of UK property

Irish property investors offloaded nearly €700m worth of commercial property in the UK in the first six months of 2012.

Irish sell off €700m of UK property

According to CBRE, Irish investors disposed of £545m (€693m) of commercial real estate in the UK in the first half of this year.

There were 22 transactions but they were of large assets with the vast majority of them located in London.

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