Irish farmland prices fall but remain highest in Europe - More than 4 times UK average and 10 times price in France
Feb 18th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The price of Irish farmland fell by an average of 16.8% per acre in 2008 according to the Knight Frank annual land sales survey. In the UK, a survey by Savills shows that the average value for all types of farmland increased by 21% across Great Britain during 2008. However the price of Irish agricultural land remains the highest in Europe, at more than 4 times the UK level and at least 10 times the average in France.