Saturday November 28, 2020

CBRE report shows Dublin industrial property market has weakened

The Dublin industrial property market has not been immune to the downturn in global economic conditions or the increase in borrowing costs in 2008 and is now showing signs of weakening despite good letting activity in the last six months, according t

19th July, 2008

The Dublin industrial property market has not been immune to the downturn in global economic conditions or the increase in borrowing costs in 2008 and is now showing signs of weakening despite good letting activity in the last six months, according to a report by CBRE.

The report states that although Irish industrial production continues to grow at a higher rate than most of the rest of Europe, industrial occupier demand is weakening.

‘‘Sentiment has undoubtedly...

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