MSCI Northern Ireland Commercial Property Report 2015

Research output: Book/ReportCommissioned report

Abstract

The MSCI-Ulster University collaboration detailing the performance of the Northern Ireland Commercial property market is now in its fifth year of production. The research has been used to promote the investment potential of Belfast/N. Ireland to an institutional investment audience with key dissemination events in hosted in London (January 2016) and in Cannes as part of the 2016 MIPIM festival (March 2016). Key highlights for the 12 months to the end of December 2015 include Commercial property in Northern Ireland posting a total return of 6.2%. The Northern Ireland market continued to exhibit strong levels of passing rent which resulted in an income return of 6.5% in 2015. This remains amongst the highest income return recorded by an MSCI-measured market and provides a competitive pricing advantage for assets in Northern Ireland. At city level, Belfast property recorded an average positive total return of 6.9% outperforming a number of key European cities including Rome, Milan and Frankfurt. The Belfast office market was amongst the top performing in Europe with a total return of 22% in 2015.
LanguageEnglish
Number of pages12
Publication statusAccepted/In press - 20 Dec 2016

Fingerprint

Northern Ireland
markets
income
assets

Keywords

  • MSCI
  • Commercial Property Investment
  • Northern Ireland
  • Belfast
  • Total Return
  • Income Return
  • Rental Yield.

Cite this

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title = "MSCI Northern Ireland Commercial Property Report 2015",
abstract = "The MSCI-Ulster University collaboration detailing the performance of the Northern Ireland Commercial property market is now in its fifth year of production. The research has been used to promote the investment potential of Belfast/N. Ireland to an institutional investment audience with key dissemination events in hosted in London (January 2016) and in Cannes as part of the 2016 MIPIM festival (March 2016). Key highlights for the 12 months to the end of December 2015 include Commercial property in Northern Ireland posting a total return of 6.2{\%}. The Northern Ireland market continued to exhibit strong levels of passing rent which resulted in an income return of 6.5{\%} in 2015. This remains amongst the highest income return recorded by an MSCI-measured market and provides a competitive pricing advantage for assets in Northern Ireland. At city level, Belfast property recorded an average positive total return of 6.9{\%} outperforming a number of key European cities including Rome, Milan and Frankfurt. The Belfast office market was amongst the top performing in Europe with a total return of 22{\%} in 2015.",
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}

MSCI Northern Ireland Commercial Property Report 2015. / Haran, M; Adair, AS; Berry, Jim; McGreal, S.

2016. 12 p.

Research output: Book/ReportCommissioned report

TY - BOOK

T1 - MSCI Northern Ireland Commercial Property Report 2015

AU - Haran, M

AU - Adair, AS

AU - Berry, Jim

AU - McGreal, S

PY - 2016/12/20

Y1 - 2016/12/20

N2 - The MSCI-Ulster University collaboration detailing the performance of the Northern Ireland Commercial property market is now in its fifth year of production. The research has been used to promote the investment potential of Belfast/N. Ireland to an institutional investment audience with key dissemination events in hosted in London (January 2016) and in Cannes as part of the 2016 MIPIM festival (March 2016). Key highlights for the 12 months to the end of December 2015 include Commercial property in Northern Ireland posting a total return of 6.2%. The Northern Ireland market continued to exhibit strong levels of passing rent which resulted in an income return of 6.5% in 2015. This remains amongst the highest income return recorded by an MSCI-measured market and provides a competitive pricing advantage for assets in Northern Ireland. At city level, Belfast property recorded an average positive total return of 6.9% outperforming a number of key European cities including Rome, Milan and Frankfurt. The Belfast office market was amongst the top performing in Europe with a total return of 22% in 2015.

AB - The MSCI-Ulster University collaboration detailing the performance of the Northern Ireland Commercial property market is now in its fifth year of production. The research has been used to promote the investment potential of Belfast/N. Ireland to an institutional investment audience with key dissemination events in hosted in London (January 2016) and in Cannes as part of the 2016 MIPIM festival (March 2016). Key highlights for the 12 months to the end of December 2015 include Commercial property in Northern Ireland posting a total return of 6.2%. The Northern Ireland market continued to exhibit strong levels of passing rent which resulted in an income return of 6.5% in 2015. This remains amongst the highest income return recorded by an MSCI-measured market and provides a competitive pricing advantage for assets in Northern Ireland. At city level, Belfast property recorded an average positive total return of 6.9% outperforming a number of key European cities including Rome, Milan and Frankfurt. The Belfast office market was amongst the top performing in Europe with a total return of 22% in 2015.

KW - MSCI

KW - Commercial Property Investment

KW - Northern Ireland

KW - Belfast

KW - Total Return

KW - Income Return

KW - Rental Yield.

M3 - Commissioned report

BT - MSCI Northern Ireland Commercial Property Report 2015

ER -