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Northern Ireland Commercial Update Q3 2018

Northern Ireland Commercial Update Q3 2018

25 Oct 2018
Report

The continued positive narrative in our office occupational sector has helped fuel some high profile investment activity this quarter bringing the volume to £70m. While this is substantially below the volume in the same quarter last year, if you strip out the sale of Castlecourt we are on a par.  

Key

£70+ m

Investment volumes surpassed £70 million in Q3, 2018

643k+ sq ft

Year to date office take up of 643,983 sq ft at the end of Q3 2018

10.2%

Prime retail vacancy in Belfast has risen from 9% in 2017 to 10.2% in 2018

385k+ sq ft

Notable transactions during Q3 2018

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