Value of 1970s-era offices falls 18pc in a year but retail assets revive

Retail warehouse sector outperformed the real estate market

Kilkenny Retail Park was sold during the first quarter

Donal Buckley

The pace of decline in Irish commercial property values slowed in the first quarter of this year. However the retail warehouse sector outperformed the market with a 0.74pc increase in values.

The findings are revealed in the authoritative MSCI/SCSI Ireland quarterly property index.