A combination of rising Dublin industrial values and rents and falling supply have enticed developers to undertake new speculative industrial projects.
Savills estimates that both prime rents and capital values rose by over 20 per cent in 2015 and a number of agents are forecasting even stronger rises this year.
DTZ Sherry FitzGerald said that rents could rise to €81 per square metre in 2016. Savills’ Gavin Butler said: “With availability of good quality units becoming limited,...
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