Key Points
  • Take-up in the Dublin industrial & logistics sector reached 101,321m² in Q3 2018 - the highest volume of quarterly take-up in this sector since Q4 2015
  • Total take-up in the sector in the first three quarters of 2018 reached 210,245m²
  • Lettings of industrial buildings accounted for 64% of take-up in Q3 2018
  • 39 Dublin industrial transactions signed in Q3 2018 of which 26 comprised lettings and 13 comprised sales
  • Transactional activity was primarily focused on the Dublin South West (N7) corridor, which accounted for 53% of Q3 take-up
  • Prime industrial rents in the capital rose quarter-on-quarter and stand at €106 psm at the end of Q3
  • Demand for almost 40,000m² of industrial & logistics accommodation prevailing in the capital at the end of Q3
  • Industrial sector accounted for 2% of total investment spend in the Irish market during the first 9 months of 2018
  • Prime industrial yields strengthened in recent months and stand at 5.25% at the end of Q3