Offices rebound likely to cause sector to heat up again in 2026

If the commercial property market could have been described as The Good, The Bad, and the Ugly in 2023, then this year, the most fitting film might be All Quiet on the Western Front.

Despite all the noise, events unfolded as anticipated. Interest rates were cut globally, headline inflation was primarily contained, and most elections held throughout the year produced results that aligned with polling forecasts.

Similarly, when assessing real estate in Ireland, there were no significant shocks and bumps that we did not anticipate.

As anticipated, the first quarter recorded the lowest quarterly investment volumes in Ireland since 2012. The second and third quarters regained momentum, but traction was limited, and volumes for the year were €1.2 billion by the end of September, down 52.5 per cent from the 10...
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