Demand expected to outstrip supply as Galway sees post-Covid surge in sales

Demand for retail, office and development land in the city and hinterland is up 15 per cent year-on-year, according to agent O’Donnellan & Joyce

5 Lombard Street, Galway: sold in excess of its €1.2 million guide price

Galway property agent O’Donnellan & Joyce’s commercial department has reported a strong rise in demand across the entire sector this year, specifically for retail, office and development land across Galway city and beyond despite the Covid-19 pandemic.

Since the second quarter of the year, the agent has experienced a surge in demand for such commercial properties and enquiries are up an estimated 15 per cent year-on-year.

The division, led by Colm O’Donnellan and Shane McDonagh, ...