Dublin Capital Markets Market Dynamics, Q4 2025

Investment activity in Q4 2025 continued the early momentum recorded in Q3, with approximately €806 million transacted across 41 deals, marking the most active quarter of the year for over one-third of total 2025 investment volumes.
The quarter was characterised by a concentration of larger lot sizes, with six transactions exceeding €40 million, and living (including PBSA) and retail assets together accounting for more than 65% of quarterly volumes.
Market confidence continued to rebuild through Q4, supported by stabilised capital values and the living sector is being boosted by clarity around rental regulations. Globally, there was a continued rise in JLL’s Bid Intensity Index from July until the end of the year, signalling sustained competitive tension for well-positioned assets.