Commercial property rents and prices have hit bottom and are set to rise, reveals SCSI sentiment survey

Selling agents believe the market will turn a corner over the next 12 months

Commercial property has suffered years of decline since Covid. Photo: Getty

Commercial property agents expect rents and prices to rise for prime office, retail and industrial properties over the next 12 months, according to a sentiment survey by the Society of Chartered Surveyors Ireland (SCSI).

A shift would buck the trend since Covid, which has seen commercial property prices suffer years of decline.

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