Commercial Property Vacancy

Commercial Office Property Dublin

According to GeoDirectory, the complete database of commercial property addresses in Ireland, devised by An Post and Ordnance Survey Ireland, the number of vacant commercial units in Ireland actually rose last year by 1.2%. This shows an increase from 25,432 in the 1st quarter to 27,585 in the 4th quarter of the year, out of a total of 223,308 commercial properties in Ireland.

This increase in vacancy rate was recorded across the entire country, with Kerry recording the lowest at 8.9% and Sligo recording the highest at 15.4%.

Dublin is still recording the highest total number of commercial units at 48,966 units with Leitrim, Longford and Carlow recording the lowest number, each at below 3,000 units.

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Knight Frank

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