Office
Take-up in the Cork market was relatively muted in Q1 with just under 4,000 square metres of space occupied in the period. This was almost two thirds down on the previous quarter. On a rolling twelve-month basis however almost 25,000 square metres was absorbed up to the end of Q1, a solid performance in the context of annual take-up levels over the past couple of years.
Industrial
The first quarter of the year was a busy one in the Cork Industrial market with a total of 15,625 square metres of space taken up. This was well up on Q4 (2,152 square metres) and capped a strong recent period for occupancy with over 61,000 square metres taken up in the twelve months to the end of the quarter.
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