Many of the trends evident in the past 12 months look set to continue into the final two quarters, with sites for residential development located in well situated areas to continue to favour purchaser appetite.
Irish Development Land Market Q2 2021
Brendan Smyth • 19/08/2021
Following the sharp slowdown in activity in 2020, the Irish development land market witnessed an increase in activity in the first six months of 2021. Capital inflow totalled €257m across 67 deals in H1 2021, a sizable increase from the €160m recorded in H1 2020 across 51 deals.
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Insights • Industrial
Dublin Industrial & Logistics Market Q4 2020
The Dublin industrial market experienced a year of strong demand in 2020. Covid-19 adversity created unique opportunities which lead to increased activity in a market with limited availability. A total of 251,650 sq m was taken up via leasehold and freehold transactions.
Insights • Office
The Dublin office market experienced an interesting second quarter to 2021. On the demand side, take up was, as expected, low with just 19,150 sq m occupied. This brings total take up to 39,885 sq m at the mid-point of the year, compared to the long-run H1 average of 81,880 sq m.
Insights • Investment
Despite COVID-19 challenges and travel restrictions, total capital inflow reached approximately €1.45bn across 43 deals in the second quarter of 2021, of which €641.5m were income generating at the point of sale and €805m were forward commit style arrangements. The majority of these forward transactions were PRS assets, with one hotel forward fund and of significance an industrial forward fund.
RECENT NEWS
Cushman & Wakefield launch €395m Facebook International HQ to the Market
The eagerly anticipated investment sale of a substantial part of Facebook’s International Headquarters, has been formally announced with a guide price in excess of €395m.
Kevin Donohue • 07/09/2021
Surge in reserved space, as office occupier market continues to see improved activity
Latest research from Cushman & Wakefield reveals an interesting quarter for the Dublin office market. Take up in Q2 2021, as expected, continued to struggle with just 19,150 sq m occupied. However, outside of take up, the story of improved demand is best reflected in reserved figures once again, along with a rise in requirements and viewings.
Kate English • 15/07/2021
Industrial and Logistics sector proves itself as one of the most desirable asset classes
Latest research from Cushman & Wakefield reveals investment activity improves, despite the ongoing pandemic and travel restrictions. Turnover levels reached approximately €641.5m across 37 deals in the second quarter of 2021.
Kate English • 09/07/2021
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