Retail
On the back of strong investor demand, retail investments were the top performing sector in 2024, accounting for approximately €1.03b or 42% of total Irish investment volumes, across 22 transactions. This was an increase of approximately 160% on the €404m recorded in 2023.
Download Retail Marketbeat to get the full picture.
Investment
The Irish Investment market enjoyed a strong end to 2024 with 36 deals in the quarter totaling approximately €1.2 Billion. In value terms Q4 marked the best quarter since Q3 2022 this strong performance in the final three months of the year helped the 2024 total reach approximately €2.5 Billion, up 15% compared to 2023.
Download Investment Marketbeat to get the full picture.
Development Land
Activity levels in the development land market reached approximately €462 million in the second half of 2024. This equated to an average of €6.6 million across 70 deals closed across the second half of the year. Total 2024 investment came to €892 million, a 251% increase on the €355 million recorded in 2023 and the highest spend in the post COVID era.
Download Development Land Marketbeat to get the full picture.
Hospitality
For H1 2024 a total of €655M was transacted, a near fourfold increase on the approximately €173M traded in H1 2023 – this pushed transaction volumes over the past year to an all-time high of almost €790M. Activity was supported by continued good operational performance across the sector and a couple of large deals including the sales of the Shelbourne Hotel and a majority stake in the Dean Hotel Group. Despite ongoing supply growth, the occupancy and ADR in Irish hotels remained healthy in H1 2024, with only minor softening relative to H1 2023.
Download Hospitality Marketbeat to get the full picture.
