Industrial property market on the rise

Irish warehouse and logistics properties outperform other sectors in first quarter

Dublin Airport Logistics Park, where Savills had been quoting rents for large units at €8.95 per square foot

Brexit is already sparking increased interest in the Irish industrial market with some British businesses shopping around for Irish warehouse and logistics premises which would provide an Irish or European bridgehead in the event of Britain leaving the European Union.

Brendan Smyth of DTZ Sherry FitzGerald reported two British firms looking at possible premises in North Dublin which could be easily accessed via Dublin Airport and Dublin Port. “They are trying to tie ...