Commercial property consultants, CBRE Ireland, have claimed that almost €2.2 billion has been invested in income-producing investment properties with a value of more than €1 million in the year to September 2015.
 
These figures exclude some of the bigger property assets that have sold as loan sales so far this year. In total, there were 109 individual transactions of more than €1 million signed in the period.
 
Surveyor at CBRE Capital Markets, Stephen Aherne said, "The third quarter was another active quarter in the Irish investment market with a total of 39 individual investment sales signing in the period, the largest being the Sovereign portfolio of retail assets and the Block R office building in Dublin Docklands. 

"Interestingly, 41% of the total spend in the first nine months of the year comprised assets with a value of more than €100 million. However, there is also activity at the other end of the scale with 77 individual transactions of between €1 million and €10 million signing in the first three quarters of 2015."
 
Source: www.businessworld.ie