• Take-up in the Dublin industrial & logistics sector reached 107,756m2 in Q4 2019 - the highest volume of quarterly take-up achieved in the capital since Q4 2015
  • Total take-up in 2019 reached an impressive 332,362m2 - up approximately 9% on the previous year & 21% higher than the 10-year average
  • Lettings of industrial buildings accounted for 63% of industrial take-up in Dublin in Q4 and 68% of transactional activity for the year as a whole in 2019
  • In total, there were 50 industrial transactions signed in Dublin in Q4 2019 of which 35 comprised lettings and 15 comprised sales, bringing the total number of transactions in this sector in 2019 to 148 compared to 178 the previous year
  • Transactional activity in the industrial sector during Q4 2019 was primarily focused on the Dublin North (M2) and the Dublin South West (N7) corridors, which both respectively accounted for 32% of quarterly take-up in Dublin in the quarter
  • Prime industrial rents in the capital increased quarter-on-quarter, standing at €110 per square metre at the end of 2019 and expected to increase by another 5% in 2020
  • Despite the volume of activity recorded in 2019, demand for industrial & logistics accommodation increased quarter-on-quarter, with demand for more than 126,000m2 of industrial accommodation prevailing at the end of Q4
  • 8 industrial investment transactions extending to more than €1 million completed in the Irish market during Q4 2019 totalling almost €213 million between them
  • Prime industrial yields remain steady at 5.1% at the end of Q4