Real estate investment hit €2.4 billion last year with retail the biggest player

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The retail sector accounted for 43.5 per cent of total investment volume in 2024, an increase of 142 per cent on the previous year

Shoppers in Dublin: investors were particularly interested in the retail property sector last year

Real estate investment in Ireland reached €2.4 billion in 2024, with retail the standout performer, a new report has shown.

The global real estate company JLL, which is led by chief executive John Moran in Ireland, unveiled new research which found that while the total investment volume last year was 30 per cent higher than the level seen in 2023, the figure is still 42.7 per cent below the ten-year annual average.