Property investment deals this year could exceed the €3bn seen in 2020 according to Hannah Dwyer, head of research at JLL Ireland.
Her estimate is based on three factors including an estimate that €650m of sales were seen in the first quarter of 2021 for properties worth more than €1m.
“We are also aware of a number of large-scale opportunities which we expect to trade in the next nine months. It is also dependent on the fact that we continue to see the strong demand levels for Irish real estate that we have seen in the last few years and a resumption of travel and normal business activity,” she added.