Dublin Capital Markets Market Dynamics, Q1 2026

Investment activity in Q1 2026 recorded €433.5 million transacted across 22 deals, reflecting elongated decision-making rather than a withdrawal of intent, as geopolitical instability and volatile swap rates caused some buyers to pause and await greater certainty before committing.

The quarter was defined by a small number of high-conviction transactions, with the €212 million acquisition of Newmarket Yards in Dublin 8 by GIC, Singapore's sovereign wealth fund, accounting for nearly half of total quarterly volume.

International investors accounted for €318.4 million or 73.4% of total volume. Deals that proceeded to signing completed without material concession, and the pipeline of transactions carried into Q2 reflects deferred rather than lost activity.