Recovery well under way with €800m transacted in third quarter of 2021

Nationally, there’s been a doubling of commercial property investment in the first nine months of 2021

One of the largest investment  sales outside of the Dublin region in 2021 was East Douglas Village, in Cork's Douglas, sold by Lisney for close to €11 million at  a 6.2% return, with rent roll of €760,000

The recovery of Ireland’s commercial property and investment markets from the effects of the global pandemic continues to gather pace, with active overseas investors once more free to visit Irish shores, according to specialist reports issued this week.

The vast majority of activity took place in Dublin. Of the almost €800m transacted in Q3 property investments, 93% was in Dublin City or county, with the rest of the country accounting for just 7%, or €53m.