Click here to download the full market outlook piece from Darren.

• Investment activity has improved in core European economies and also in the periphery – most notably in Ireland and Spain.
• However, continued economic weakness and unemployment are weighing heavily on industrials
• and non-prime office and retail markets.
• We maintain our view that investors should focus on high-quality assets with secure income streams in the core European economies such as Germany and Sweden.
• We believe that prime Irish real estate now provides attractive investment opportunities for long-term investors with a moderate risk appetite.