(b) Jones Lang LaSalle, Capital Values. (c) Jones Lang LaSalle, Rental Value for Irish Commercial Property. (d) Jan.-Sept. 2000, year-on-year. Commercial property prices have followed broadly similar trends to residential property prices with the rate of increase accelerating from 1996 onwards. Since then, prices have risen by 113%.
Needless to say, interest will depend on the individual credit institution’s situation, as well as developments in the private-sector capital markets. It is up to each credit institution to decide whether or not it wants to participate. Seen from Danmarks Nationalbank’s point of view, there is no reason to turn down this opportunity if it makes business sense.