Industrial and logistics beating other sectors hands down

The 97,000 square metres of industrial space snapped up in the first quarter are more than double that of the office sector

Unit D at Mountpark in Baldonnell, the fifth unit in the park to be let to DB Schenker, a German supply chain management and logistics solutions firm

The industrial and logistics sector continues to outperform all other sectors of the Irish commercial property market, with another bumper quarter of occupier take-up and very healthy investment figures recorded in Q1 2022.

According to CBRE, the industrial sector is well on its way to match and potentially exceed last year’s performance, with almost 97,000 square metres of take-up recorded in the capital in the first three months of 2022 alone. That’s more than double ...