Office
The opening months of 2020 saw occupier activity total 2,250 sq m across 9 deals in the Limerick office market. A disappointing start to the year following a particularly strong second half of 2019. Take up was concentrated in the city centre in quarter one. The largest deal in the quarter was of 450 sq m at 80 O’Connell Street, while the HSE occupied 375 sq m at Mount Kennett house on a short-term lease.
Industrial
The opening quarter of 2020 was particularly strong for the Limerick industrial market, with take up totaling an impressive 22,250 sq m across thirteen deals. This brings take up in the twelve months to the end of March to 39,450 sq m.
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