The second quarter of 2020 saw the effects of the COVID-19 lockdown take hold of occupier activity in the Limerick office market. The first six months of 2020 saw take up in the Limerick market total 4,750 sq m, across 17 deals. Given its market size, take up in Limerick can vary, however 2020's level is well below the long-run average for the first half of the year.
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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