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27 October 2017
Activity in the Dublin office market in Q3 was significantly down on Q2 figures. This was because the previous quarter was the busiest on record. Consequently Q2 represented a healthy level of activity, with over 49,000 sqm transacting. This translated into 39 deals. The majority of deals were acquired by domestic occupiers while the IT sector took the most space.
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27 October 2017
In each of the last two years, Q3 was the quietest quarter in terms of market turnover. However, Q3 2017 bucked this trend with €537m worth of transactions completed, 69% more than the previous quarter and 13% more than Q1. The strength of the bull market in the last four years has created an assumption that all stock that goes on the market will sell. This has been exposed in recent months
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27 October 2017
The Lisney Dublin Industrial Report Q3 2017The Lisney Dublin Industrial Report Q3 2017Activity levels reached 49,200 sqm in Q3, a decrease of 29% on the previous quarter. Mirroring the trend of recent quarters, the majority of transactions in Q3 were lettings rather than sales, at 60% of the total.
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27 October 2017
The increase in activity levels witnessed in H1 has continued into Q3. There were nine deals in the quarter, bringing the total number of deals completed to the end of September to 24. Demand for smaller sized units increased over the three month period. Supply levels were 7.7% lower on an annual basis. The overall vacancy rate for Cork decreased to 15.5%.
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