Dublin Capital Markets Market Dynamics, Q2 2026

Investment activity in Q2 2026 recorded €1.01 billion transacted across 25 deals, more than double the €433.5 million recorded in Q1 and up 159% on the same quarter of 2025, taking H1 2026 volumes to €1.44 billion, a 54% increase on H1 2025.

The quarter was defined by a small number of large transactions, with the €500 million sale of the Horizon Logistics Portfolio to Valor and GIC, Singapore's sovereign wealth fund, marking the largest deals ever recorded in the sector in Ireland.

International investors accounted for €826.5 million or 82% of total volume, drawing capital from Singapore, Germany, France, the US and the UK. Domestic buyers remained active at the smaller end of the market, completing 15 of the quarter's 25 transactions.

Prime yields have stabilised across most sectors since the 2022 to 2024 repricing cycle, and office yields have shown signs of compression as new market evidence sharpens visibility on where pricing now sits.