Covid-19: UK commercial property predicted to drop 15%; First insight into Irish market
Commercial property prices in Britain could fall as much as 15% this year, the giant insurer Aviva which manages billions in investments in Britain and Ireland, has said, providing the first insights into how Irish commercial property prices will likely fare in the coming months amid the Covid-19 economic storm.
Aviva is one of the UK’s biggest commercial property managers in Britain and Ireland and its predictions make for gloomy reading on both sides of the Irish Sea for the prices of offices, retail and industrial properties.
