Investment activity showed its first signs of positive momentum in Q3 2025, with €699.5 million transacted across 34 deals, an 80% increase in volume and a 52% increase in transaction count compared to Q2.

The quarter marked the strongest performance since Q2 2022 (excluding Q4 2024’s due to the Blanchardstown Shopping Centre deal), and volumes were 47% above the quarterly average recorded since 2022.

Improved macroeconomic conditions helped restore market confidence, while JLL’s Bid Intensity Index recorded its first month-over-month increase since December 2024—signalling renewed competitive tension in investment markets.