Commercial property values in Ireland have further to fall before transaction activity improves, CB Richard Ellis has said. According to the Irish Capital Markets Market View report for the third quarter of 2008, the property investment market in Ireland has come to a virtual standstill in recent months with only 'limited appetite' for properties currently being offered for sale.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
