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Dublin's logistics sector saw 1.07M SF of take-up during Q3 2018 — there hasn't been a better time to enter the market! Hear why on 29 November |
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Of all Dublin's city centre locations, the area in and around Grand Canal Dock has undergone the most radical change over the last 10 years, transforming from something of an industrial wasteland into a modern residential and office quarter home to some of the tech sector's biggest names, including Facebook, Google and Airbnb. According to figures from Savills, just over 950K SF of office space will have been delivered in the south docks SDZ area between 2015 and the end of this year. This compares with around 3.6M SF completed in the CBD during the same time frame. The vast majority of the new south docks space has been or will be completed in 2018. Over 520K SF has been delivered so far this year, while three developments — 100 Capital Dock, The Reflector on Hanover Quay and 2WML — are due for practical completion this quarter and will account for almost 300K SF. 
Despite the amount of space coming on, demand remains strong. According to Cushman & Wakefield Director Aisling Tannam, the net vacancy in the south docks stands at 8.8%. “There continues to be huge interest in the docklands and this is…
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More Than 5M SF — Or 15% — Of Dublin's Office Space Now Wired Certified
The developers of more than 5M SF of office space in Dublin — or 15% of all commercial stock in the city — have adopted or committed to adopting digital connectivity rating scheme Wired Certification since July 2017.The aim of…
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CareChoice Buys Rathfarnham Nursing Home — Its Third Acquisition Since Being Bought By Infravia
Nursing home operator CareChoice has announced its third acquisition since being bought by French investment fund Infravia in June 2017 for €60M. The company said it has agreed to buy The Marlay, a modern, purpose-built 124-bed nursing home in Rathfarnham,…
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Park Kicks Off €35M Ballycoolin Logistics Scheme After Sector's Bumper Take-Up In Q3
Park Developments has started work on the first of six new logistics units on a 14-acre site at Northwest Business Park in Ballycoolin, Dublin 15, as take-up and rents in the sector surge. The 50K SF facility will include 4K…
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