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Galway MarketBeat Reports

Patricia Staunton • 12/04/2023


The first quarter of 2023 saw a notable step up in occupier activity with 10,831 square metres taken up across 6 deals, the second largest quarterly takeup in the past five years in the Galway market. The largest deal in the quarter involved Galway City Council taking up 6,039 square metres at Crown Square Phase 1. In addition, we understand that the 3,521 square metres of space at Ballybrit Business Park is likely to be repurposed for alternative use.


Q1 2023 saw no deals to take up space in the industrial segment in Galway (the third such quarter of the past five in which no deals have been announced) although this is more indicative of a market starved of supply rather than one where demand is lacking. Over the medium term
factors such as the growth of ecommerce and the trend towards onshoring to reduce supply chain disruptions should both keep demand for high quality industrial stock healthy. On a rolling twelve month rolling basis Galway take up data was unchanged compared to Q4 (approximately 4,800 square metres) although still very much at a low ebb when viewed from a long term perspective.

Get the full Galway property market picture with all the market data by downloading the reports.

Current galway Marketbeats

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Galway Industrial Marketbeat

Galway Industrial Marketbeat is a summary of the Galway industrial property sector providing comment on recent trends as well as market data and analysis.


Google HQ, Dublin, Ireland
Galway office marketbeat

Galway Office Marketbeat is a summary of the Galway office property sector providing comment on recent trends as well as market data and analysis.


More Insight


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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Dublin Industrial & Logistics Market

The Industrial and logistics markets has been one of the strongest performing property sectors from an occupational perspective.
Brendan Smyth • 21/03/2023

Irish PRS Market

This quarterly market review on the Private Rented Sector in Ireland covers transactions in the residential investment market, the investor pool, charts rental growth, looks at availability and residential development pipeline as well as the outlook across Ireland and the rest of Europe.

Patrick Hogan • 17/11/2021


Looking for more historic or specific property market data? Get in touch.
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