Ireland's investment property market reaches €3.2bn in first half of 2022

The high level of market transactions during the first half of the year was driven by Hibernia REIT’s sale to Brookfield Asset Management for €1.1bn

Hibernia Reit generates most of its rent from office multinational clients in Dublin city centre locations.

The value of the investment property market was €3.2bn for the first half of the year, marking the highest total for H1 on record.

A report published today from property dealer Savills Ireland revealed that the total value of transactions during H1 was 17% higher than 2021 and 11% greater than the previous market record in H1 2016.