JLL Dublin Industrial Market Report – Q4 2021
JLL Quarterly Industrial Market Report
- Niall Gargan
Activity in the Dublin industrial market was strong in Q4 2021, the sector finished the year on a note of positivity with 788,551 sq ft of take-up across 41 transactions. This is an increase of +23% on the previous quarter (640,000 sq ft) and was the strongest performing quarter of the year.
For the year-end, take-up was 2.6 million sq ft across 160 deals compared to 4.1 million sq ft across 139 deals in 2020. Supply will remain a critical issue and will continue to cap the growth of transactions in 2022.