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Dublin Industrial & Logistics Q1 2025

Improved Take-Up in Q1 with the Return of Global Occupiers & Pre-Let Activity

May 28, 2025 10 Minute Read

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  • Dublin industrial & logistics (I&L) take-up totalled 55,514 sq m (0.6 million sq ft) in Q1, a 24% increase versus the same period last year
  • The return of large deals, some global occupiers taking space and some pre-letting activity, was particularly encouraging
  • Approximately 170,000 sq m (1.9 million sq ft) of new Dublin I&L stock is currently under construction across 24 buildings
  • Q1 investment was subdued (€41.25m). Prime yields remain stable at 5.0% for the best-in-class buildings