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Limerick MarketBeat Reports

Patricia Staunton • 29/10/2024

Office

Around 1,700 square metres of office space was taken up in the Limerick-Shannon market in Q3. The overall availability rate stood at 6% in Q3 with conditions in the city centre remaining tight. Construction at One Opera Square is progressing well and this project is expected to complete early next year.

Industrial

Occupier activity improved in Q3 with approximately 3,500 square metres of space taken in the period. As with other industrial markets across the country, availability in the Limerick-Shannon market remained low at 2.3% in Q3.

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Current Limerick Marketbeats

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Limerick Industrial Marketbeat

Limerick Industrial Marketbeat is a summary of the Limerick industrial property sector providing comment on recent trends as well as market data and analysis.

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Limerick office marketbeat

Limerick Office Marketbeat is a summary of the Limerick office property sector providing comment on recent trends as well as market data and analysis.

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More Insights

Market Forecast
Research

European Logistics & Industrial Market Forecast

We anticipate that occupier activity will remain subdued over the remainder of 2023 and into early 2024 before rallying as businesses feel more optimistic. Availability will remain constrained as developers slow their speculative deliveries. Rental growth is expected to slow in 2024 and beyond but will remain in positive territory across European markets.
Brendan Smyth • 06/12/2023
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Research

Offices, Obsolescence & Opportunities

Irish office markets are clearly undergoing a significant post-COVID adjustment which is likely to play out over the next decade. Repurposing surplus offices into alternative use is expected to form part of that adjustment.
Tom McCabe • 25/10/2023
DevLandMarketbeat_Q22023
Insights

Irish Development Land Market

Deal flow drops below levels seen during COVID pandemic. Activity in the development land segment was subdued in the first half of the year with approximately €130 million worth of transactions across 45 deals, down 67% from €390 million in the first half of 2022 and below levels seen during the height of the COVID pandemic in 2020.
Tom McCabe • 09/08/2023

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