Despite Covid-19 uncertainty, much awaited new space continues to uphold leasing activity in the Cork office market. Take up performed above the long run market average in 2020 reaching 32,000 sq m. However, the completion of new space at One & Two Penrose Dock, plays a pivotal role in this figure.
Following an incredibly strong opening half to the year, take up in the Cork industrial market reached 54,750 sq m in the nine months to the end of September 2020. The industrial market has fared well throughout the COVID-19 pandemic, with occupiers looking to expand their operations on both short- and long-term bases.
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