Saturday September 19, 2020

CBRE reports spike in demand for logistics warehouse space

Trend is being driven by increased appetite for space from online retailers, as well as demand for storage warehouses for pharmaceuticals and food

Killian Woods

Business reporter

@killianwoods
6th September, 2020
There is pent-up demand in the Irish sector for industrial and logistics space in excess of 5,500 square metres, according to the CBRE report

Demand for logistics warehouse space in Ireland has surged in recent months, according to a new report from CBRE.

The property consultancy firm said there was now “pent-up demand” for warehouse and logistics units, which has been driven by the surge in online retail sales.

Many elements of the commercial property sector, including offices, retail and hospitality, have been negatively impacted due to the pandemic. In contrast, CBRE said the industrial and logistics...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

A total of the 403 sales registered so far this year were valued at over €1m, with a good show of private homes on the register

Tina-Marie O'Neill | 6 days ago

The auctioneer is trialling the new software designed to streamline the process of property sales

Tina-Marie O'Neill | 6 days ago

While some landlords are agreeing to new turnover-based arrangements for commercial tenants, others are shifting from forbearance to legal action over non-payment of rents as the virus crisis drags on

Killian Woods | 1 week ago