Investors and commercial property agents are expecting that the recent fall in property values will bottom out in 2024 and thus present buying opportunities and generate activity. However, agents are reluctant to say how much further values may fall.
One of Ireland’s biggest building firms, John Paul Construction, saw its turnover surge 21pc to €507m last year as it continued to expand its sectoral and geographical footprint. Its operating profit was virtually unchanged at €19m.
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