JLL Ireland Investment Market Report – Q1 2024

JLL Ireland Investment Market Report for Q1 2024

May 08, 2024
  • Niall Gargan

The latest research from JLL which tracks national investment deals greater than €1 million concluded that investment experienced subdued activity in the opening quarter of 2024, with €161m across 20 deals. The market, both in Ireland and globally, has undergone significant price adjustments from peak 2022 levels with few exceptions, largely driven by the rising cost of capital. An ECB rate cut should provide positive psychological momentum, and sustained investor confidence will be critical to the further resumption of market improvements and for transaction volumes to materially rise this year.

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