Investment transactions reached an all-time low during the first quarter of 2024 to reach €163 million. The volume of transactions was also subdued with only 20 sales closing during the three-month period, highlighting the impact of the elevated interest rate environment. Investor activity during the quarter was characterised by smaller sized transactions. Retail assets attracted the largest proportion of capital since the beginning of the year at 42%, while residential assets accounted for a further 27% of turnover.