Friday, January 15, 2010

Irish Commercial Property Market Struggling

Commercial property faces challenging year

LAND values in Northern Ireland's commercial property market slumped dramatically last year, a new report has revealed. In their annual Outlook Report, Property consultants CB Richard Ellis reveal that a combination of a lack of bank funding and sharp declines in the value of the end product led to land values in Northern Ireland falling by as much as 60 per cent from its peak.

Posted by propertybanker-co-uk @ 12:36 PM (870 views)
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