Industrial and logistics real estate under construction in Dublin, Ireland 2022-2023
Warehouse construction in Dublin, Ireland, has slowed down since 2022, despite a declining vacancy rate in the sector. In the second quarter of 2023, 107,000 square meters of industrial and logistics real estate were under construction, down from 283,100 square meters in the same quarter the year before. In the first half of 2023, the vacancy rate for warehouses in Dublin hit a record low.