JLL Ireland Investment Market Report – Q1 2023
JLL Ireland Investment Market Report for Q1 2023
- Niall Gargan
The latest research from JLL which tracks national investment deals greater than €1 million concluded that Q1 2023 displayed unexpected resilience, but volumes are down with € 620m invested across 25 deals. This indicates that investment is down 48.8% from the 12-quarter average. 2023 is set to be a challenging year, but one in which conditions will likely improve towards its end. High inflation will continue to erode real spending power, which will unlikely ease and abate until 2024.