The first six months of 2020 saw occupier activity in the Cork office market total 5,150 sq m, across 12 deals. Unsurprisingly, given the pause placed by COVID-19 on commercial property markets, this is significantly below the long run average H1 take up of 13,100 sq m. Occupier activity in the opening half of the year was focused on the city centre, which absorbed 65% of take up.
The Cork industrial market recorded a strong start to 2020. Take up totaled 21,150 sq m, across 13 deals, making it the strongest opening quarter on record.
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