Irish commercial property returns positive in Q1 2010 - - down 56.3% from peak; Dublin has Europe’s highest office vacancy rate at 21.9%
Apr 27th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish commercial property returns turned positive for the first time in two years in the first quarter of 2010 (Q1), with a modest 0.4% delivered in the first quarter of 2010, according to the SCS/ IPD Ireland Quarterly Property Index. Another report published Monday shows that Dublin has Europe's highest office vacancy rate at 21.9%. The commercial property sector is down -56.3% from the market peak.