Investment property spend triples to €548m during opening months of 2025

During the early part of 2024, the European Central Bank still had very high interest rates — which made borrowing money, potentially for investment, very expensive
Investment property spend triples to €548m during opening months of 2025

Sherry Fitzgerald report shows 27 deals completed valued at a combined €548m. Picture:iStock

The value of investment property transactions during the first quarter of the year rose to €548m, three times higher than the same period in 2024, on the back of a large transaction involving the sale of a portfolio of retail parks, a report by estate agent Sherry FitzGerald shows.

The report shows there were 27 transactions completed during this period, the largest of which was the sale of Oaktree Capital Management’s portfolio of eight retail parks — located in Bray, Drogheda, Galway, Limerick, Naas, Navan, Sligo, and Waterford — for €220m to US investor Realty Income Reit.

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