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
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Overall take-up in the Dublin office market in the third quarter of 2023 came in at approximately 29,000 square metres, down on the levels seen in the previous quarter with a total of 41 deals seen in the period. There was a broad spread of take-up across the various business sectors during Q3 with professional service and financial services accounting for just over half of take-up. Across the city take-up was again heavily focused on the Central Business District (CBD) area which absorbed just over 70% of the Q3 total.
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