• Busy Start to 2018 for Commercial Property Sector

  • Considerable work underway in each sector of the market, preparing assets for sale over the coming months

  • The supportive economic backdrop & strength of underlying occupier market activity continue to attract investors from a range of jurisdictions

  • Some further strengthening is expected in multifamily/Build-to-Rent yields as new evidence materialises

  • Several high-profile hotel properties expected to be offered for sale (both on and off market) from the end of Q1 onwards

  • A number of new office requirements having materialised since Christmas, copperfastening already strong requirement volumes

  • The extent of new office supply coming on stream appears well controlled at this point

  • Significant changes to inland distribution and logistics in the Irish market depending on outcome of Brexit negotiations

  • Grafton Street expected to revert to full occupancy this year and set a new tone for Zone A rents in the capital

  • The market is waiting patiently for clarity from the Minister for Housing on new standards on design and density

  • The Government’s recently released Project Ireland 2040 report has particularly positive ramifications for Cork