Mega Deals, PRS, Asian Investors And Record Occupier Demand — The Trends That Defined Dublin In 2018
December 10, 2018

Mega Deals, PRS, Asian Investors And Record Occupier Demand — The Trends That Defined Dublin In 2018

The predictions were pretty positive at the beginning of this year, but the market has managed to exceed expectations in 2018, particularly in office occupier take-up and the overall value of investment deals.

“The performance of the Irish commercial property market in 2018 has surprised on the upside with transactional activity in both the occupier and investment sectors higher than anticipated at the beginning of the year,” CBRE Executive Director, Head of Research Marie Hunt said.

Here are the key trends that defined 2018 in Dublin

2018 was the year of the mega deal
Mega deals have been a big part of the market in 2018. Hunt said nine transactions valued at more than €100M were signed in the first nine months of the year, compared to five deals of this scale in the whole of 2017.

BNP Paribas Real Estate Managing Director and Head of Investment Kenneth Rouse said there has been an average of four or five €100M-plus deals each year during this property cycle. “In 2018 we predict this figure to rise to at…

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