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Dublin MarketBeat Reports

Tom McCabe • 21/07/2023

Industrial: Steady as she goes  

The Dublin Industrial and Logistics market enjoyed another positive quarter in Q2 2023 with approximately 61,000 square metres of space taken up across 25 deals, slightly above the Q2 average over the past five years. Momentum remains strong in the sector with nearly 350,000 square metres of space taken up in the past twelve months 

Download Dublin Industrial Marketbeat to get the full picture.

Office: take-up has remained subdued

Take-up in the Dublin office market remained subdued in the second quarter of the year. Total take-up came in at approximately 42,000 square metres, roughly in line with underlying levels for Q1 but generally speaking take-up trends have been softer compared to the first half of 2022 as global economic headwinds have stiffened. The central business district (CBD) remained popular with occupiers and accounted for almost 40% of overall Dublin take-up during the quarter although it was heartening to see some deals emerge outside of the CBD.

  • Larger deals were relatively thin on the ground in Q2 with the top five accounting for over 40% of Dublin take-up in the period.
  • Headline availability rates eased slightly in the second quarter of the year with the overall rate for Dublin and the CBD coming in at 14.9% (previously 16.6%) and 14.6% (previously 17.5%) respectively.
  • We estimate that approximately 381,500 square metres of office space was under construction at the end of the second quarter compared to 347,000 square metres at the end of Q1.

Download Dublin Office Marketbeat to get the full picture.

Current Marketbeats

Google HQ, Dublin, Ireland
Dublin office marketbeat

Office Marketbeat is a summary of the Ireland office property sector in key cities, providing comment on recent trends as well as market data and analysis.


St Stephens Green Shopping Centre, Dublin, Ireland
Dublin Industrial Marketbeat

Industrial Marketbeat is a summary of the Ireland industrial and logistics property sector in key locations, providing comment on recent trends as well as market data and analysis.


More Insight


Irish Development Land Market

Deal flow drops below levels seen during COVID pandemic. Activity in the development land segment was subdued in the first half of the year with approximately €130 million worth of transactions across 45 deals, down 67% from €390 million in the first half of 2022 and below levels seen during the height of the COVID pandemic in 2020.
Tom McCabe • 09/08/2023
warehouse interior with racking

Dublin Industrial & Logistics Market

The Industrial and logistics markets has been one of the strongest performing property sectors from an occupational perspective.
Brendan Smyth • 21/03/2023

Irish PRS Market

This quarterly market review on the Private Rented Sector in Ireland covers transactions in the residential investment market, the investor pool, charts rental growth, looks at availability and residential development pipeline as well as the outlook across Ireland and the rest of Europe.

Patrick Hogan • 17/11/2021


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