Irish property investment up by 210%

The Irish property
investment market grew by 210 per cent last year, according to the latest global investment report from Savills.

The report said that while 77 per cent of the overall global investment turnover was recorded in the core markets of UK, Germany and France, the peripheral markets had also shown significant growth.

Greece headed the list with a growth of 1,011 per cent, Ireland was next with 210 per cent and Italy was in third place with 138 per cent growth.

Savills predicted that investment volumes this year will grow by 32 per cent in Ireland.