Commercial property in Ireland outperformed the local stock market in 2006 with overall returns of 28.5%, the highest since 1999, according to the latest Jones Lang LaSalle Irish Property Index. 'The property market last year experienced the type of growth level previously seen before the millennium and, in spite of a strong growth in the ISEQ (Irish stock exchange) index, beat the local stock market for the third time in the last five years,' said Dr Clare Eriksson, Head of Research at Jones Lang LaSalle in Dublin.
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