Dublin Industrial and Logistics Figures Q4 2022

The Dublin industrial & logistics (I&L) market remains characterised by an acute undersupply of available stock

The macroeconomic backdrop for the sector in an Irish context remains relatively favourable

Dublin take-up slowed in Q4, following a record level of take-up in Q3

2022 was the second strongest year of activity on record for the market

Both demand-side and supply-side factors will prompt prime I&L rental growth in 2023

Approx. 240,000 sq. m. of I&L stock is currently under construction

Investment volumes also slowed in Q4 and prime yields increased