Industrial & Logistics
In the Dublin Industrial and Logistics market during the second quarter of 2024, take-up activity increased from Q1, with just under 27,000 square metres of space taken up spread across 20 deals. This brought the rolling twelve-month total to 204,500 square metres at the end of Q2 2024, similar to levels seen in the latter half of 2021.
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Office
Overall Dublin availability moved higher again in the second quarter as 2024’s completion pipeline gradually continued to deliver space into the market. Overall available space in the Dublin market climbed to approximately 697,000 square metres in Q2 (the highest level since Q1 2023) which translated into an availability rate of 16%. However, the pickup in overall availability was down to a rise outside the CBD – within the CBD available space and the availability rate was broadly unchanged at 14.7% compared to Q1.
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