Viewpoint
The Case for Cork 2024
March 5, 2024 10 Minute Read
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- Cork city and suburbs could see population growth of up to 50% by 2040
- Balanced regional development is a key strategic priority for the IDA and Cork attracted some notable FDI in 2023
- Cork real estate investment sales volumes in 2023 totalled €190m, trending above the long-term annual average for the market
- The Cork market is undersupplied of modern industrial & logistics space, with a current vacancy rate of less than 1%
- The entire Southwest region attracts huge tourist inflow and this is reflected in current hotel occupancy and room rates