The Dublin office market exceeded expectations in Q3 with take-up reaching 858,918 sq. ft. across 58 lettings. This brings take-up for the first nine months of the year to over 1.8 million sq. ft. – already above annual totals for both 2020 and 2021.

Despite substantial market uncertainty, commercial property investment turnover reached €1.75 billion in Q3 2022, up 122% relative to Q3 2021. The Q3 total brings turnover for the first nine months of the year to €3.76 billion or €4.97 billion when the sales of Hibernia REIT and Yew Grove REIT are included, compared with €3.5 billion turnover during the same period in 2021.

Valuers and our clients have, over the last number of years, bounced from one set of uncertain circumstances to another.

Colliers are proud to announce several key internal promotions within the Valuation and Advisory services Department.