Markets News Friday: Irish commercial property values down 53% from Q4 2007 peak; AIB approves 42,000 loans/ overdrafts totaling €1.85bn for Irish SMEs in 2009
Oct 30th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities: Capital values in the Irish commercial property market continued their fall in Q309 according to the IPD Irish Quarterly Index, with values now 53% down from the Q4 2007 peak (-57% from the peak for retail, -50.5% for offices and -43% for industrial). Meanwhile, AIB Bank said today that it has approved 42,000 loans and overdrafts totaling €1.85 billion for Irish SMEs so far this year