Dublin Industrial & Logistics Market Overview Q1 2022

The Dublin Industrial & Logistics Market Overview Q1 2022 is now available. Download the report here.

Key Findings

  • The industrial and logistics market saw the strongest opening quarter for five years in Q1 2022.
  • Global supply chain disruption coupled with the strong recovery in consumer demand post Covid-19, even allowing for the impact of the war in the Ukraine, are driving strong occupier demand for space.
  • Demand for space in excess of 10,000 sqm made up 35% of total take-up in Q1.
  • 23% of total investor spend in Q1 was for on assets in this sector, with the largest deal the forward fund by Union Investment of Primark’s new distribution centre in Co. Kildare.
  • Prime industrial yields have moved down considerably to 4% and there is expected to be continued upward pressure on prime yields in a market where demand currently exceeds supply options.