Mood of cautious optimism prevails in commercial real estate

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Investors are regrouping and setting strategies to take into account the new monetary reality, rebalancing toward property that has enduring value, writes Damien McCaffrey

Last year was a tumultuous one for the global economy and commercial real estate markets. As a small open economy, Ireland has been affected. However, Ireland continues to outperform, and fundamentals – including strong demographic growth, EU membership and close cultural ties with the US – will continue to attract capital into Irish property.

After more than a decade of abnormally accommodative monetary policy, sharp interest rate increases since last July have caused a reset ...

 

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