Value of Irish commercial office properties plunge to their lowest level in over a decade

New figures from MSCI show the average value of office buildings in Ireland have fallen to their lowest level since 2013

The value of Irish office properties have plunged to their lowest level in over a decade as higher interest rates, rising vacancy levels and a collapse in demand for new space from the tech sector continues to drive a sharp correction in the commercial real estate market.

New figures released this week by MSCI, the data research firm, show the average value of office buildings have fallen more than 16 per cent in the last ...

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