- Take-up in the Dublin industrial & logistics sector reached a very healthy 137,605m2 in the last quarter of 2020 - the highest quarterly take-up in 5 years
- Total take-up in this sector in 2020 reached 343,716m2, up 3% on the previous year - a strong result considering underlying market conditions
- Lettings of industrial buildings accounted for 85% of industrial take-up in Dublin in Q4 with 30 individual letting transactions signed in the quarter
- Transactional activity during Q4 2020 was primarily focused on the Dublin South West (N7) and Dublin North East (M1) corridors
- Prime industrial rents in the capital rose to €113 per square metre during Q4 2020 and are set to increase further to €116.80 per square metre in 2021
- 4 industrial investment transactions completed in the Irish market during Q4 2020
- Prime industrial yields compressed to 4.75% during Q4 and are expected to trend stronger during 2021
