The total value of development land that transacted in the Greater Dublin Area and three regional centres of Cork, Galway and Limerick totalled €204 million for the first quarter of 2024. While considerably greater than the same period in 2023, this largely reflects a single transaction. A total of 20 land sales closed during the first quarter of the year, compared to 16 transactions for the corresponding period of 2023. Smaller sized transactions dominated activity during the quarter reflecting the impact of elevated construction and borrowing costs.
Loading...
