- Coronavirus already impacting many sectors of the Irish economy - most notably the aviation industry, hospitality, tourism and the retail sector
- More than 140,000 jobs have been lost in various sectors of the Irish economy so far while as many as 200,000 more jobs are at risk
- Ireland’s policy response has been substantial but necessary
- Ireland’s economy & real estate sector entered this situation from a position of relative strength
- COVID-19 to have a negative short-to medium-term effect on the CRE market in Ireland, provided the outbreak is brought under control in a reasonable timeframe
- Low interest rates will continue to be supportive of investment in real estate in the Irish market in the medium term