Are Irish eyes smiling... or squinting?

摘要

It's a funny old week when you have three stories about the Irish property market that paint such contrasting pictures of its fortunes. First, we had JLL's MD for Ireland, John Moran, warning that "quite possibly" it could be heading towards a property bubble, Then there was the news that two Belfast city centre developers had fallen into administration. And now, as we reveal in our splash, a portfolio of Irish shopping centres has been sold for just over €115m (£83.38m)- a fraction of what even one of the six centres was deemed worth before the crisis.