{"id":1004600181,"date":"2022-08-25T02:50:43","date_gmt":"2022-08-25T10:50:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004600181"},"modified":"2022-12-09T00:39:07","modified_gmt":"2022-12-09T08:39:07","slug":"buoyant-industrial-sector-drove-irish-property-while-retail-struggled","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/","title":{"rendered":"Buoyant Industrial Sector Drove Irish Property while Retail Struggled"},"content":{"rendered":"<h2>Total Return Index from Q4 2019<\/h2>\n<div id=\"attachment_1004600185\" style=\"width: 560px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004600185\" data-attachment-id=\"1004600185\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/922_cpe_global\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg\" data-orig-size=\"800,569\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"922_CPE_global\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: MSCI Ireland Quarterly Property Index&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg?w=800\" class=\"wp-image-1004600185\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg\" alt=\"\" width=\"550\" height=\"391\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg?resize=300,213 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg?resize=768,546 768w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><p id=\"caption-attachment-1004600185\" class=\"wp-caption-text\">Source: MSCI Ireland Quarterly Property Index<\/p><\/div>\n<p>Irish real estate continued its recovery in the second quarter of 2022 and for the first time surpassed its pre-pandemic annual total return. This was as the return of the MSCI\/SCSI Ireland Quarterly Property Index improved to 5.6 percent, on a rolling annual basis.<\/p>\n<p>Industrial property was the top performing sector for the year to June 2022 with an annual return on standing investments of 21.1 percent. Industrial\u2019s outperformance stood in contrast with that of the office and retail sector where the annual return across all subtypes remained in single digits. Office, the largest sector in the index by capital value delivered an annual return of 3.9 percent, driven by the Dublin 2 node where quarterly returns have remained positive throughout the pandemic. Retail property followed with an annual return of 3.0 percent but remained 14 percent off its pre-pandemic mark. While shopping centres and retail warehouses have shown signs of stabilisation, standard shops had yet to turn the corner as the annual total return for assets located along Grafton and Henry\/Mary Streets remained negative at Q2 2022.<\/p>\n<p>A 14-year low equivalent yield coupled with strong market rental growth confirmed the robust investor demand for industrial assets. While investment property deal activity in Ireland grew to EUR4.2bn during the first half of 2022 according to data from Real Capital Analytics, industrial\u2019s share of the total has increased from 5 percent in 2019 to above 31 percent in the first half of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail property followed with an annual return of 3.0 percent, according to MSCI&#8217;s Ireland Quarterly Property Index. <\/p>\n","protected":false},"author":1805,"featured_media":1004600185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37754,37756],"tags":[],"class_list":["post-1004600181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research-center-global","category-rc-investment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Buoyant Industrial Sector Drove Irish Property while Retail Struggled - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buoyant Industrial Sector Drove Irish Property while Retail Struggled\" \/>\n<meta property=\"og:description\" content=\"Retail property followed with an annual return of 3.0 percent, according to MSCI&#039;s Ireland Quarterly Property Index.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-25T10:50:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:39:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"569\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Niel Harmse\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/\",\"name\":\"Buoyant Industrial Sector Drove Irish Property while Retail Struggled - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg\",\"datePublished\":\"2022-08-25T10:50:43+00:00\",\"dateModified\":\"2022-12-09T08:39:07+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dab2559ea44bc49691b758aeffca9172\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg\",\"width\":800,\"height\":569,\"caption\":\"Source: MSCI Ireland Quarterly Property Index\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Buoyant Industrial Sector Drove Irish Property while Retail Struggled\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dab2559ea44bc49691b758aeffca9172\",\"name\":\"Niel Harmse\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8ae417ad8e1ea8d897cb3b1906ecd2e8f8f724a79c09bada96e1f6d41fb93e80?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8ae417ad8e1ea8d897cb3b1906ecd2e8f8f724a79c09bada96e1f6d41fb93e80?s=96&d=mm&r=g\",\"caption\":\"Niel Harmse\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/nielharmse\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Buoyant Industrial Sector Drove Irish Property while Retail Struggled - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/","og_locale":"en_US","og_type":"article","og_title":"Buoyant Industrial Sector Drove Irish Property while Retail Struggled","og_description":"Retail property followed with an annual return of 3.0 percent, according to MSCI's Ireland Quarterly Property Index.","og_url":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2022-08-25T10:50:43+00:00","article_modified_time":"2022-12-09T08:39:07+00:00","og_image":[{"width":800,"height":569,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg","type":"image\/jpeg"}],"author":"Niel Harmse","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/","url":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/","name":"Buoyant Industrial Sector Drove Irish Property while Retail Struggled - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg","datePublished":"2022-08-25T10:50:43+00:00","dateModified":"2022-12-09T08:39:07+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dab2559ea44bc49691b758aeffca9172"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg","width":800,"height":569,"caption":"Source: MSCI Ireland Quarterly Property Index"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/buoyant-industrial-sector-drove-irish-property-while-retail-struggled\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Buoyant Industrial Sector Drove Irish Property while Retail Struggled"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dab2559ea44bc49691b758aeffca9172","name":"Niel Harmse","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8ae417ad8e1ea8d897cb3b1906ecd2e8f8f724a79c09bada96e1f6d41fb93e80?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8ae417ad8e1ea8d897cb3b1906ecd2e8f8f724a79c09bada96e1f6d41fb93e80?s=96&d=mm&r=g","caption":"Niel Harmse"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/nielharmse\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/922_CPE_global.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004600181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1805"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004600181"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004600181\/revisions"}],"predecessor-version":[{"id":1004604606,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004600181\/revisions\/1004604606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004600185"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004600181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004600181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004600181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}