Office
Activity in the Limerick office marked was mixed in quarter three. A total of 3,400 sq m was taken up in the three months, largely led by deals from earlier in 2020 or 2019. However positively, the volume of space signed/reserved rose in the three-month period. In the nine months to the end of September 2020, take up totaled 8,850 sq m.
Industrial
The nine months to the end of September 2020 saw take up activity in the Limerick industrial market total an impressive 58,800 sq m. Take up in the year to date sits well above the long run-average of 40,550 sq m. The impact of COVID-19 has been felt across all commercial real estate markets; however the industrial market has proven to be the most resilient.
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