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Cork MarketBeat Reports

Peter O'Flynn • 23/10/2024
Check out our latest Cork Marketbeats for latest trends in the commercial real estate industry in Ireland for the Q3 2024.

Office

A total of approximately 1,600 square metres of space was taken up in the Cork office market in Q3, bringing the total for 2024 so far to approximately 12,900 square metres. Availability fell slightly in Q3, leading to an overall availability rate of 13.1% or 10.8% once reserved space is stripped out. Industrial Approximately 14,300 square metres of space was taken up in the Cork market during the course of Q3 across seven deals. Overall availability remains low in Cork with the availability rate standing at 3.3% in the third quarter.

 

Industrial

Approximately 14,300 square metres of space was taken up in the Cork market during the course of Q3 across seven deals. Overall availability remains low in Cork with the availability rate standing at 3.3% in the third quarter.

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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Download Previous Quarterly Cork Industrial Marketbeat Reports

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Download Previous Quarterly Cork Office Marketbeat Reports

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More Insights

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
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Research

Offices, Obsolescence & Opportunities

Irish office markets are clearly undergoing a significant post-COVID adjustment which is likely to play out over the next decade. Repurposing surplus offices into alternative use is expected to form part of that adjustment.
Tom McCabe • 25/10/2023
DevLandMarketbeat_Q22023
Insights

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

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