It is reported that Dublin is at the centre of a commercial property “feeding frenzy” of international buyers. Figures from property agencies reportedly show that sales volumes are on the increase, prices are starting to creep upwards, yields are beginning to shrink and supply is getting tighter. CapREIT, a Canadian Fund reportedly paid €40 million for four city apartment blocks which were put into receivership by Bank of Scotland (Ireland). King Street Capital reportedly paid €65 million for the Bernard McNamara-developed Bishop’s Square complex. German funds have also reportedly taken-up approximately 10 per cent of the Dublin investment market. GLL reportedly paid approximately €40 million for 102-104 Grafton Street, Dublin’s prime shopping street. Neville Isdell, former chief executive of Coca Cola, reportedly bought the CHQ building in Dublin’s International Financial Services Centre for just over €10 million, a fraction of the reported €50 million cost of remodelling and redeveloping it in 2007. A Swiss-based fund has reportedly acquired La Touche House, one of the three original office blocks at the front of Dublin’s International Financial Services Centre, for €35 million. The same building was reportedly bought for €82.5 million eleven years ago. Irish commercial property spend is expected to continue to increase as billions worth of NAMA and IBRC assets are released on to the market. Tax efficient real estate investment funds, such as Green Property REIT are also expected to attract further investment in the Irish property market.