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The commercial property market in Galway remained robust throughout the year with the only obstacle to further growth being a lack of supply in key sectors, according to Cushman & Wakefield's 2016 review. The reemergence of the traditional pillar banks backing property, along with the continued presence of cash buyers in the market, has meant that competition for good quality assets has improved.

Cushman & Wakefield has recently concluded two important office deals in in the Citypoint building located on Prospect Hill. MathWorks and Ipswitch are two US based information technology companies which have taken up residence in the city for their European headquarters.