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12 November 2020

The recently introduced Level 5 restrictions are not as disruptive to the Dublin residential market as was the case with the first lockdown in Spring. This time, and in line with Government guidance, properties remain open for individual physical viewings with significant safety procedures in place. The market has proved remarkably resilient in the face of COVID-19 with strong demand underpinning activity over the course of the year. Perhaps surprisingly, the market to-date appears to be largely unaffected by the global pandemic, however a lack of supply is equally a factor.

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12 November 2020

The development land market in the GDA was significantly busier in Q3 compared to the previous three months as much of the economy, both domestically and globally, reopened over the summer months. Market turnover exceeded €60m, bring the total for the first nine months of 2020 to almost €180m.

Dev Land New Homes Q3 2020 Report.jpg
10 November 2020

The Dublin office market was in somewhat of a hibernation in Q3 with most occupiers adopting a wait-and-see approach. While Q3 take-up was 20,150 sqm, many of the deals were agreed earlier in the year. Supply increased (+17.2% in the three months) as grey space (sub-lets) became a feature of the market once again. Construction activity continued with 44,000 sqm of accommodation finished in Q3 and with 414,000 sqm ongoing at the end of September.

 

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10 November 2020

Take-up in the Dublin industrial market reached 55,700 sqm in Q3, bringing the total for the first nine months of 2020 to 187,200 sqm. In spite of the good levels of activity in the quarter, supply increased slightly, but remains at a very low level with limited availability of quality second-hand stock. Approximately 71,000 sqm of accommodation was under construction at the end of September, 80% of which was available. 

 

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