The Irish property sector had another year of stable growth in 2018 and — according to the industry — 2019 should bring more of the same.
It's not all good news, however. JLL Director of Research Hannah Dwyer warned of more risks on the horizon than there were this time last year. “Therefore, there is some element of caution in the market,” she said.
So, with our cautious hats on, here are some of the trends to look out for in 2019.
Business as usual for deals and investor interest
Dwyer expects investment volumes in 2019 to be similar to this year's €3B, with a steady stream of supply coming from loan sale workouts, some level of recycling of assets, and investors bringing stock onto the market to avail of the extended capital gains tax exemption period.
“We are currently aware of over €1B of assets that are either on the market, or due to come to the market in the first half of the year, which would provide a solid start for investments to 2019,” she…
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