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At a Glance: Office Market 2019 in Review

With 3 transactions in excess of 100,000 sq. ft. take-up reached an impressive 1.2m sq. ft. in Q4. This brings the year-end total to 3.29m sq. ft. across 204 transactions. Full report to follow.

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Retail sales show 1.4% annual rise in November

Retail sales rose 1.4% in November as shoppers prepared for Christmas, increasing their spending in supermarkets and on hardware. However, department stores took a hit as the value of retail sales feel by more than 9%, and the volume declined by 6.5% year-on-year. The motor trade also saw a decline of 0.5% on an annual […]

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At a Glance: Investment Market Q4 2019

The strongest ever quarter for the Irish investment Market with total turnover for Q4 2019 reaching a staggering €3.76bn and total turnover for the 12 months of the year in excess of €7bn. To put the quarter in context it is higher than the entire annual turnover of the last cycle peak in 2006 of €3bn+ and […]

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Economic growth set to continue in 2020 but at a reduced rate

The Irish economy looks set to register strong growth again in 2019 with GDP likely to increase by almost 6 per cent in the current year. While certain multi-national related transactions are distorting the headline figures, the large increase in taxation receipts and the continued strong performance of the Irish labour market means the underlying […]

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Monthly unemployment rate remains unchanged from October 2019

The seasonally adjusted unemployment rate for November 2019 was 4.8%, remaining unchanged from October 2019 and down from 5.6% in November 2018. The seasonally adjusted number of persons unemployed was 117,800 in November 2019, compared to 117,700 in October 2019. When compared to November 2018, there was an annual decrease of 17,600 in the seasonally […]

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Retail Sales volume decreased by 0.5% in October 2019

The volume of retail sales decreased 0.5% in October when compared to September on a seasonally adjusted basis and increased by 3.0% on an annual basis. When Motor Trades are excluded, the volume of retail sales decreased by 2.1% in October 2019 and rose by 3.2% when compared with October 2018. The sectors with the […]

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Employment increases by 2.4% in year to Q3 2019

There was an annual increase in employment of 2.4% or 53,700 in the year to the third quarter of 2019, bringing total employment to 2,326,900. This compares with an annual increase of 2.0% or 45,000 in employment in the previous quarter and an increase of 3.0% or 66,700 in the year to Q3 2018. CSO […]

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Residential property prices rise by 1.1% in the year to September

Residential property prices increased by 1.1% nationally in the year to September. This compares with an increase of 2.0% in the year to August and an increase of 8.5% in the twelve months to September 2018. In Dublin, residential property prices decreased by 1.3% in the year to September – house prices decreased by 1.5% […]

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Monthly unemployment rate of 4.8% October 2019

The seasonally adjusted unemployment rate for October 2019 was 4.8%, down from 4.9% in September 2019 and down from 5.7% in October 2018. The seasonally adjusted number of persons unemployed was 117,300 in October 2019, compared to 118,100 in September 2019.  When compared to October 2018, there was an annual decrease of 19,400 in the […]

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Retail Sales volume increased by 4.3% in September 2019

The volume of retail sales increased 4.3% in September when compared to August on a seasonally adjusted basis and increased by 4.2% on an annual basis. When Motor Trades are excluded, the volume of retail sales increased by 2.3% in September 2019 and rose by 4.7% when compared with September 2018. The sectors with the largest […]