Tag Archives: director of research

Savills

Highest take up of industrial property in Dublin in two years recorded in Q2

The second quarter of 2012 has seen the highest take-up in two years of industrial property in Dublin, according to research by Savills. Just under 91,000sqm of industrial space has been occupied in the first half of 2012 – with Q2 take-up significantly higher than in the first quarter. Take-up of industrial space in Dublin [...]

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Savills

Dublin homes selling at 70% less than peak price, insist Savills

Houses in prime locations in Dublin are changing hands at prices as much as 70% down from the peak in 2006/2007, according to estate agents Savills. Prime property transactions are closely watched by experts as they tend to provide an indicator of where the overall market is going to head. Joan Henry, director of research [...]

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Savills

Retail space let temporarily is “significant”

A new study by Savills estate agency has found that while Dublin’s high streets have high occupancy levels, a “significant” amount of retail space is let under temporary arrangements. There are 11 shops available on Grafton Street, equating to 1,700sq m (18,300sq ft) or 5 per cent of total retail space on the street. Five [...]

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Savills

Land prices down 30% in the North in last two years, according to Savills

A lack of activity in the North’s land market has compounded the rapid loss in values that took place between 2008 and the end of 2009 with land prices down 30% in the last two years. The lack of funding coupled with weak demand from both the residential and commercial sectors has resulted in a [...]

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Increase in activity in Dublin office market

A report from estate agents Savills Ireland has suggested that there was an increase in activity in the Dublin office market last year. Its director of research Joan Henry said the vacancy rate had dropped from 23% in 2010 to 21.6%, and letting activity rose by 25% from 2010. “Prime locations continue to dominate, as [...]

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