Despite challenges presented to the Galway office market in 2021, such as the ongoing COVID-19 pandemic and limited supply, take up activity has improved. A total of 5,850 sq m was taken up in the nine months to September end. This reflects improved sentiment within the market, which was evident in space signed earlier in the year.
The smallest of our three regional industrial markets, occupier activity in the Galway market is muted, as a lack of available industrial space continues to hamper take up. In the nine months to September end, take up totaled 2,800 sq m across just 5 deals. The third quarter of the year accounts for most of this activity, recording two deals with a combined total of 1,250 sq m of space occupied.
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