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Cork MarketBeat Reports

Peter O'Flynn • 06/10/2023

Office

Take-up in the Cork market in the year to the end of the third quarter stood at just under 26,800 square metres, which was more than each of the previous four years for the same period. Activity in Q3 was slow with just over 3,100 square metres of space occupied in the quarter. However, on a rolling twelve-month basis more than 38,600 square metres was absorbed up to the end of Q3, showing a strong performance in the context of annual take-up levels over the past few years.

Industrial

The Cork Industrial market has performed well in the year to the end of the third quarter of 2023, with a total of 45,700 square metres of space taken up.Activity in Q3 was slightly down on the opening two quarters of the year, with a total of just over 12,500 square metres taken up across 8 deals. However, on a rolling 12-month basis, over 47,800 square metres of space was leased to the end of the third quarter, which was a strong performance in a historical context.

Get the full Cork property market picture with all the market data by downloading the reports. 

Current Cork Marketbeats

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Cork Industrial Marketbeat

Cork Industrial Marketbeat is a summary of the Cork industrial property sector providing comment on recent trends as well as market data and analysis.

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Cork office marketbeat

Cork Office Marketbeat is a summary of the Cork office property sector providing comment on recent trends as well as market data and analysis.

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More Insight

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Recession or boom – Which is it for the Irish economy?

Let’s dig into some of the more important recent releases and what they mean for Ireland’s near-term economic outlook.
Tom McCabe • 07/12/2023
Market Forecast
Research

European Logistics & Industrial Market Forecast

We anticipate that occupier activity will remain subdued over the remainder of 2023 and into early 2024 before rallying as businesses feel more optimistic. Availability will remain constrained as developers slow their speculative deliveries. Rental growth is expected to slow in 2024 and beyond but will remain in positive territory across European markets.
Brendan Smyth • 06/12/2023
Dublin MarketBeat Q3 2023
MarketBeat

Dublin MarketBeat Reports

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Tom McCabe • 26/10/2023

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