Ireland’s economy continued to exceed expectations throughout 2021, supporting an uptick in office occupier activity in the final quarter. Office take-up reached more than 1 million sq. ft. in Q4 2021, making this the 8th strongest quarter on record. This brings total take-up for the year to 1.7 million sq. ft. which is on par with 2020 levels but still low when compared to previous years.

Investment volumes hit €1.99 billion in Q4 2021, bringing total investment for the year to €5.5 billion. This makes 2021 the second-best year on record for Irish CRE investment, an impressive result considering the country was in lockdown until May.

Colliers releases latest market report covering the Industrial and Logistics sector. The sector has been performing very well in recent years. This strong performance has been driven more by structural factors and changes as opposed to economic growth alone.

Leading Real Estate Advisory firm, Colliers, welcomes three new senior team members - Kate Ryan, Catherine Loughnane and Caitriona Kirrane - in Research, Valuation/ Advisory and Marketing/PR.