Developers hungry for prime warehouse sites

Developers hungry for prime warehouse sites
Unit 260 Holly Road, Western Industrial Estate off the Naas Road: sold for more than €1.5 million.

Two Dublin industrial facilities have sold recently at prices above €1 million.

Two Dublin industrial facilities have sold recently at prices above €1 million. A further two deals in the €4 million price range are also close to selling. These come at a time when prime industrial rents are beginning to pick up, although take-up of industrial space this year so far has not reached last year’s levels.

One of the largest prices this year was achieved with the sale of the Santry bonded warehouse formerly used by...

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