Ireland’s exit from recession in the third quarter provides less grounds for optimism about the outlook for commercial property than it may initially seem. Although rental value falls in Ireland have been among the most pronounced in the euro-zone, further falls cannot be ruled out. Given the weak economic outlook, we think rental value growth may not return until 2012.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services