Strong demand in prime holdings in Cork and Limerick

Are we turning a corner in terms of price being paid for land? Some auction news this week from Midleton, Co Cork, and Adare, Co Limerick, would certainly lead one to think so.

A 140-acre holding on the outskirts of Midleton — featured on these pages on August 18 — was a golden combination of lands zoned for amenity, industrial, residential, and agricultural use.

Half of the land is under grain and half under grass, with the majority of it in good condition, according to selling agent Éamonn O’Brien of CCM.