The commercial property market in 2016 showed encouraging activity despite the
threat posed by a number of National and Global events. Office, retail and industrial
occupational markets held up particularly well throughout the year. Unfortunately, the
referendum caused a great deal of uncertainty in the investment markets in particular
both before and after the vote and this resulted in a lower level of deal volume.
Contrary to previous years in Northern Ireland, there was a slowdown in activity
towards the end of the year.