Office
The opening months of 2020 saw occupier activity in the Galway office market total 1,750 sq m, across five deals. This brings activity in the twelve months to the end of March to 5,050 sq m, significantly below the long run annual average. Market intelligence suggests that this is in part due to a lack of modern product, which is only beginning to be delivered to the Galway market at present.
Industrial
In the opening three months of 2020, occupier activity in the Galway industrial market totaled 2,500 sq m, largely in line with the same quarter last year. This brings occupier activity in the twelve months to the end of March to 11,100 sq m.
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