Download Take-up on track to exceed long-term average

MARKETVIEW
Northern Ireland, Q1 2017
Surge of investment activity
expected in Q2 2017 with
£78m currently under offer
5.75%
6.00%
7.00%
9.00%
Figure 1: Great Northern Retail Park, Omagh
Figure 2: Assets marketed in Q1 include:
Source: CBRE NI, Q1 2017
Q1 2017 CBRE Research
© CBRE Limited, 2017 |
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M A R K E T V I E W NORTHERN IRELAND
Figure 3: Recent investment transactions in Belfast
O F F IC E S
Source: CBRE NI, Q1 2017
Figure 4: Olympic House development, Belfast
Source: CBRE, H2 2016
Table 1: Belfast Property Yields
Sector
Prime Yield
Trending
Prime Retail
5.75%
Stable
Prime Office
6.00%
Stable
Prime Industrial
7.00%
Stable
Secondary Retail
9.00%
Stable
Source: CBRE NI, Q1 2017
Q1 2017 CBRE Research
© CBRE Limited, 2017 |
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M A R K E T V I E W NORTHERN IRELAND
Figure 5: Starbucks at Connswater
RETAIL
I N D US T R I AL
H O T E LS
D E V E L OP M E N T L A N D
Table 2: Current headline rents
Sector
per sq ft
per sq m
Zone A Retail
£125
£1,345
Secondary Retail
£50.00
£538.00
Prime Office
£20.00
£215.00
Secondary Office
£10.00
£102.22
Prime Industrial
£4.00
£43.00
Source: CBRE NI, Q1 2017
Q1 2017 CBRE Research
© CBRE Limited, 2017 |
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M A R K E T V I E W NORTHERN IRELAND
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