Research

JLL Industrial Market Report – Q1 2024

JLL Quarterly Industrial Market Report for Q1 2024

May 28, 2024
Contributors:
  • Niall Gargan

Take-up for the opening quarter of 2024 was 156,000 sq. ft. across 14 deals. This is a notably subdued volume, down 85% from the previous quarter and 80% on the ten-year average Q1 leasing volumes. Additionally, the average-sized deal was down 49% on the ten-year quarterly average. This is a reversal of a recent trend in the Dublin market, as the average volume of space signed in 2023 was 29.5% above the ten-year annual average.

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