Irish commercial property capital values tumbled 7.2% in second quarter of 2008
Aug 5th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The total return on the SCS / IPD Irish Quarterly Property Index for the three months to 30th June 2008, was -6.2% q/q, the lowest ever quarterly return in the index history which dates back to 1995. Capital values fell by -7.2%, while income return remained unchanged at 1.0% for the quarter.