• GeoView
    Publications GeoView

Providing high quality research and advice to clients since 1981

+353 1 6670372

  • GeoView
    Publications GeoView

GeoView

GeoView  provides accurate and up-to-date data on the stock of commercial properties in Ireland. It was commissioned by GeoDirectory from DKM Economic Consultants. The report provides analysis from the most comprehensive national database of commercial buildings.

  • August 2017

    GeoView Q2 2017 - Commercial Vacancy Rates Report

    Commercial vacancy rates in Ireland have increased, from 13.1% in Q2 2016 to 13.5% in Q2 2017 according to new research published by GeoDirectory today. 28,784 of the 212,717 commercial address points in Ireland were vacant.

    The new research, from the Q2 2017 edition of GeoView, shows that the highest vacancy rate of any county in Ireland was recorded in Sligo at 18%, followed by Leitrim at 16.2%, Limerick at 15.9%, Galway at 15.6% and Mayo at 15.5%. Kerry, which has consistently had a low vacancy rate over the past number of years, again had the lowest commercial vacancy rate at 10.6%. However, this has increased from 9.4% compared to the same time last year.
    The largest increase in commercial vacancy rates was seen in Longford with vacancy rates increasing from 12.9% in Q2 2016 to 14.9% in Q2 2017. Only two counties recorded decreases in the same period, Dublin (-0.2 pp) and Leitrim (-0.1 pp).

    Commenting on the findings, Annette Hughes, Director of DKM Economic Consultants said: “Nationally we are seeing increased commercial vacancy rates, moving from 13.1% at this time last year to 13.5%. 22 counties recorded increased vacancy rates in the last 12 months, with Dublin and Leitrim the only counties to record decreases. At a provincial level, Connacht had the highest vacancy rate at 15.8%, 1.7 percentage points above the next highest provincial rate, recorded in Ulster. Leinster, excluding Dublin, recorded the lowest rate. This continues the trend that we have seen in previous editions of GeoView, where the east is out-performing the west, although vacancy rates remain stubbornly high across the board.”

    Download Report Download Press Release
  • July 2017

    GeoView Q2 2017 - Residential Buildings Report

    The seventh GeoView publication on the stock of residential properties in Ireland was published on July 25th 2017. The report is commissioned by GeoDirectory from DKM Economic Consultants and provides an analysis of the housing stock based on GeoDirectory's database of over 2 million residential building records. The key points to emerge from the latest analysis are as follows:

    • There are 1,967,698 residential dwellings across the country in June 2017.
    • The national average housing turnover rate was 2.22%. When Dublin is excluded the turnover rate falls to 2.05%.
    • The report estimates that the turnover of residential stock was 43,767 transactions in the year to May 2017.
    • The national average house price for the year was €250,188. This drops to €175,782 when Dublin is excluded.
    • A total of 5,966 residential dwellings were classified as being under construction in the GeoDirectory Database in June 2017.

    Annette Hughes, Director of DKM Economic Consultants said: “As of June 2017, there were 1,967,698 residential dwellings across the Republic of Ireland. With 43,767 property transactions in the year there was a turnover rate of 2.22%; 90% of the properties transacted were second hand dwellings. This along with increasing property prices suggests that a substantial increase in construction activity is very much needed.”

    Download Report Download Press Release
  • February 2017

    GeoView Q4 2016 - Commercial Vacancy Rates Report

    Commercial vacancy rates in Ireland have increased, from 12.6% in Q4 2015 to 13.5% in Q4 2016, according to new research published by GeoDirectory and DKM Economic Consultants. In total there was 213,666 commercial address points in Ireland, 28,796 of which were vacant.

    The new research from the Q4 2016 edition of GeoView showed that counties on the west coast of Ireland tended to perform less well than their eastern counterparts, with Sligo (18%), Leitrim (16.4%), Donegal, Mayo (15.6% each), Galway (15.4%) and Limerick (15.3%) having the six highest vacancy rates in the country.

    This divide was also evident when examining the data at provincial level, as Connacht, at 15.7%, had the highest vacancy rate of any province, while Leinster (excluding Dublin), had the lowest vacancy rate (12.5%).  Munster also recorded a vacancy rate below the national average at 12.9%, whereas Ulster and Dublin registered overall vacancy rates of 14% and 13.7% respectively. There were only 5 Dublin districts where vacancy rates were less than 10%.

    Commenting on the findings of the report Annette Hughes, Director of DKM Economic Consultants said: “We have now completed our fourth comprehensive year-end report on the commercial building stock in Ireland. This report is very timely, with its analysis of 79 regional towns, and following the recent launches of the public consultation on the National Planning Framework for Ireland and the Plan for Rural Development, it shows the area’s most in need of support, given the high vacancy rates recorded. Moreover, despite evidence from property agents which indicates that there is a strong recovery underway in the Dublin commercial property market in terms of transactions activity and new space under construction, commercial vacancy rates across Dublin in Q4 2016, according to GeoView, were mostly in double digits. This suggests there is still substantial unused commercial building stock not just across the country but also in Dublin.”

    Download Report Download Press Release
  • January 2017

    GeoView Q4 2016 - Residential Buildings Report

    The sixth GeoView publication on the stock of residential properties in Ireland was published on January 16th 2017.  The report is commissioned by GeoDirectory from DKM Economic Consultants and provides an analysis of the housing stock based on GeoDirectory's database of over 2 million residential building records. The key points to emerge from the latest analysis are as follows:


    • There were 2,020,523 residential dwellings across the country as of December 2016.
    • In the 12 months to December 2016, 13,842 dwellings were added to the GeoDirectory Database.
    • A total of 34,416 residential transactions were recorded between January and October 2016, contributing to an annual national turnover rate of 2.1%.
    • The national average house price during this period was €239,025, falling to €167,615 when Dublin is excluded.
    • Dublin had the highest average transaction price (€393,833) in the State, followed by Wicklow (€320,000) and Kildare (€242,921).
    • A total of 4,910 residential dwellings were classified as being under construction in the GeoDirectory Database in December 2016.


    Commenting on the findings Annette Hughes, Director of DKM Economic Consultants said: “This is the sixth comprehensive report on the residential building stock of its kind to be published in Ireland. There has been an increase in the number of residential buildings under construction compared to Q4 2015. What is encouraging is the fact that new construction is happening in the areas of most need, notably in Dublin, the East Region and other urban areas. However, we see from both the GeoDirectory data and the Department of Housing commencements data that the level of building is still significantly short of what is needed across the State.”

    Download Report Download Press Release
  • August 2016

    GeoView Q2 2016 - Quarterly Residential Vacancy Rates Report

    This is the fifth publication on the stock of residential properties in Ireland commissioned by GeoDirectory from DKM Economic Consultants.  The report provides an analysis of the housing stock based on GeoDirectory's database of over 2 million residential building records. The main highlights from this analysis are as follows:

    • There are 2,015,260 residential dwellings across the country for Q2’16.
    • Merging data on residential property transactions from the Property Price Register (PPR), the CSO’s 2016 Census of Population and the GeoDirectory Database, this report estimates that there were 42,960 transactions in the year to June 2016
    • Dublin had the highest average transaction price (€380,237) in the country. Wicklow had the second highest average price (€315,564) and Kildare (€255,967) the third highest
    • The National average house price for the year was €232,862, falling to €168,078 when Dublin is excluded.
    • The national average housing turnover rate in this period was 2.1%. When Dublin is excluded the turnover rate falls to 1.5%.
    • A total of 4,375 residential dwellings were classified as being under construction in the GeoDirectory Database in June 2016.

    Commenting on the findings, Annette Hughes, Director of DKM Economic Consultants said: “This is the fifth comprehensive report about the residential building stock of its kind to be published in Ireland. One key statistic which the report highlighted was that the national average housing turnover rate in the year to June 2016 was 2.1%, which was slightly down from 2.2% last year and is still well below what would be deemed to be a more normal housing turnover rate of around 4 to 5%. Nationally we’re seeing an uptake in construction; however Dublin is still dominating with 25% of homes under construction located there.”
     

    Download Report Download Press Release
  • July 2016

    GeoView Q2 2016 - Quarterly Commercial Vacancy Rates Report

    Commercial vacancy rates in Ireland have increased, from 12.6% in Q2 2015 to 13.1% in Q2 2016 according to new research published by GeoDirectory today. 28,615 of the 219,176 commercial address points in Ireland were vacant.

    The new research, from the Q2 2016 edition of GeoView, shows that the highest vacancy rate of any county in Ireland was recorded in Sligo at 16.8%, followed by Leitrim at 16.3%, and Galway and Limerick, both at 15.3%. Kerry, which has consistently had a low vacancy rate over the past number of years, again had the lowest commercial vacancy rate at 9.4%, the only county with a vacancy rate in single digits.  The largest increase in commercial vacancy rate was seen in County Offaly with vacancy rates increasing from 12.7% in Q2 2015 up to 14.7% in Q2 2016. Longford saw the largest move in the other direction with the vacancy rate decreasing from 13.2% to 12.9% in the same period.

    Commenting on the findings of the report, Annette Hughes, Director of DKM Economic Consultants said: “The focus on major towns in Ireland, as well as vacancy rates at county level, featured in the GeoView gives its readers a unique view of the profile of the Irish commercial building stock. For example we can see that while Kerry recorded the lowest vacancy rate in the Country at 9.4%, it is worth noting that the main towns in Kerry – Tralee, Killarney and Listowel – had vacancy rates in double digits. Thus other locations in Kerry must have much lower vacancy rates in order to generate an average of 9.4%”.

    Download Report Download Press Release
  • February 2016

    GeoView Q4 2015 - Quarterly Residential Vacancy Rates Report

    This fourth publication on the stock of residential properties in Ireland commissioned by GeoDirectory from DKM Economic Consultants was published on February 9th 2016.  The report provides an analysis of the housing stock based on GeoDirectory's database of over 2 million residential building records.

    Key highlights were:

    • There were 2,009,896 residential dwellings across the country in Q4 2015.
    • Combining data on residential property transactions from the Property Price Register (PPR), the CSO Census of Population and the GeoDirectory Database, the report estimates that 43,428 residential transactions occurred in 2015, contributing to a national turnover rate of 2.2%.
    • Dublin had the highest average transaction price (€356,194) in the country for 2015, followed by Wicklow (€296,045) and Kildare (€244,543).
    • A total of 3,957 residential buildings were classified as being under construction in the GeoDirectory Database in Q4 2015.

    Commenting on the findings, Annette Hughes, Director of DKM Economic Consultants said: “This is the fourth comprehensive report about the residential building stock of its kind to be published in Ireland. The key statistic which the report highlighted was that the national average housing turnover rate in the year to December 2015 stood at 2.2%. This rate is showing very few signs of improving and is still well below what would be deemed to be a more normal housing turnover rate of around 4% to 5%.”

    Download Report Download Press Release
  • January 2016

    GeoView Q4 2015 - Quarterly Commercial Vacancy Rates Report

    Commercial vacancy rates in Ireland have decreased, from 12.8% in Q4 2014 to 12.6% in Q4 2015, according to new research published by GeoDirectory and DKM Economic Consultants. The total number of occupied commercial premises in Ireland increased throughout 2015 from 194,642 in Q4 2014 to 195,803 in Q4 2015.

    Commercial vacancy rates declined in 16 counties across the country over the year – 10 of those were in Leinster. However a number of counties in Connaught and Ulster have yet to recover and are still showing increases in vacancy rates.  The average commercial vacancy rate in Ulster increased from 12.5% in Q4 2014 to 12.7% in Q4 2015, while the vacancy rate in Connaught went from 14.7% in Q4 2014 to 14.8% in Q4 2015. Both Munster (11.9%) and Leinster (12.4%) saw a decrease of 0.2 percentage points each between Q4 2014 and Q4 2015.  Leinster’s commercial vacancy rate was unchanged from Q2 2015 with just 2 counties, Wexford (10.1%) and Wicklow (12.5%), recording increases over the year from Q4 2015.

    Commenting on the findings, Annette Hughes, Director of DKM Economic Consultants said: “We have now completed our third comprehensive annual report  on the commercial building stock in Ireland. The GeoView reports provide a unique view of the geographical spread of commercial building stock and corresponding vacancy rates in Ireland over the three years 2013-2015”.

    Download Report
  • August 2015

    GeoView August 2015 - Residential Buildings Report

    Despite a low national turnover rate of 2.2%, Irish residential construction levels are still too low to match demand, according to new research published by GeoDirectory and DKM. This point is further reinforced by cross referencing the Property Price Register (PPR), the CSO Census of Population and the GeoDirectory Database.

    The GeoDirectory database found that there were 2,008,568 residential dwellings across the country, an increase of 13,062 in the 12 months to the end of July 2015. Detached dwellings accounted for the largest proportion at 41.7% of the total housing stock. The country’s stock of 181,424 apartments, 9% of the total housing stock, points towards a change in Irish lifestyle, as more people are moving towards the large urban centres. Dublin accounted for the vast majority of this national proportion, as 114,612 apartments (63.2%) were located in the Capital.

    By combining data on residential property transactions from the PPR and the GeoDirectory Database, an estimate of the rate of turnover of the housing stock can be ascertained. According to these figures, the national average housing turnover rate from June 2014 to June 2015 was 2.2%, an increase from the 1.4% recorded in the previous 12 months. Dublin, which accounted for 15,169 transactions (2.9% of the total Dublin residential stock), experienced the greatest turnover in housing stock. Monaghan had the lowest turnover rate of 1.2%, followed by Donegal (1.4%) and Tipperary (1.5%).

    The report estimates that there were 45,138 transactions in the year to June 2015 according to the PPR. A total of 12.9% (5,826) were represented by new properties while 87.1% (39,312) were second-hand property transactions. The low level of construction, combined with the small number of new properties that came on stream in the last 12 months is likely to be the reason why there is such a high proportion of 2nd hand transactions.

    Unsurprisingly, the Capital had the highest average transaction price (€342,284) in the country over the 12 months from June 2014 to June 2015. Given the low levels of construction in the last 12 months, the upward trend in prices is likely to increase. Wicklow had the second highest average price at €277,394. Longford had the lowest average transaction price in Ireland at €75,583. This was followed by Roscommon at €82,517.

    3,786 buildings were classified as being under construction in the GeoDirectory Database in Q2 2015. Dublin (13.3% of all buildings under construction in the country), Donegal (12%), Cork (11.1%) and Galway (6.8%) dominated in this area. Building activity remained slow in Roscommon and Leitrim where only 24 buildings were under construction in each county. The high number of transactions involving 2nd hand dwellings (87.1%) also suggests that there is plenty of space for further construction activity in the market.

    Commenting on the findings, Annette Hughes, Director of DKM Economic Consultants said: “This is the third comprehensive report about the residential building stock of its kind to be published in Ireland. By using the data from the PPR, the CSO Census of Population and the GeoDirectory Database we have a unique insight into the residential building stock in Ireland. One key statistic which the report highlighted was that the national average housing turnover rate in the year to June 2015 was 2.2%, improved from last year but still well below what would be deemed to be a more normal housing turnover rate of around 4% to 5%.”

    Download Report
  • July 2015

    GeoView Q2 2015 - Quarterly Commercial Vacancy Rates Report

    Commercial vacancy rates in Ireland have decreased, from 12.8% in Q4 2014 to 12.6% in Q2 2015 according to new research published by GeoDirectory. This is the same figure recorded for Q2 2014. 28,343 of the 224,168 commercial address points in Ireland were vacant in the quarter.

    The new research is from the Q2 2015 edition of GeoView which shows that the highest vacancy rate of any county in Ireland was recorded in Sligo at 16.8%, followed by Leitrim (15.9%) and Galway (15.4%). Kerry has consistently had a low vacancy rate over the past number of years and is again shown to have the lowest commercial vacancy rate at 9.3%.

    Dublin has the largest share of total commercial address points, 22.1% of the national total. When looking at the breakdown of where the vacant units are located, we can see that Dublin leads the way with the highest share with 6,645 vacant units or 23.4% of the national total, followed by Cork where 2,919 units (10.3% of the national total) were vacant.

    The largest increase in commercial vacancy rate was seen in County Limerick where rates increased from 13.9% in Q4 2014 up to 15%. Carlow saw a move in the other direction with the vacancy rate decreasing from 13.1% to 12.1%.

    In this issue of GeoView, GeoDirectory have conducted an analysis of 101 locations, including 79 towns across the four provinces plus the 22 Dublin postcodes. Ballybofey in Donegal was the town with the highest vacancy rate, at 32.3%. Second on the list was Inniscrone with a vacancy rate of 24.2%. Of the towns with the top 15 vacancy rates, Portarlington saw the highest increase since Q3 2014, with vacancy rates jumping 3.5 percentage points (pp) to 20.9 %, moving from 30th to 13th on the list. Of the towns analysed, Greystones had the lowest vacancy rate at 4.4%.

    From the analysis of Dublin included in the report, we can see that Dublin 17 again recorded the highest commercial vacancy rate of 20.9% in the quarter. This represented an increase of 0.2pp on Q3 2014. An increase of 0.7pp in the vacancy rate in Dublin 2 brought it from sixth to third highest vacancy rate in Dublin, at 15.8%.

    At a provincial level, Connacht saw the highest average vacancy rate of the provinces at 14.9% in Q2 2015, while Leinster recorded the lowest average vacancy rate at 12.4%.

    Upon the launch of the latest GeoView report, Annette Hughes, Director of DKM Economic Consultants said: “This is the ninth comprehensive report on the commercial (i.e. non-residential) building stock across the country. By focusing on the major towns in Ireland, as well as vacancy rates at county level, the GeoView report gives its readers a unique view of the profile of the Irish commercial building stock.”

    Download Report
  • February 2015

    GeoView Q4 2014 - Quarterly Commercial Vacancy Rates Report

    The overall commercial vacancy rate in Ireland was 12.8% in Q4 2014, according to the latest quarterly GeoView publication from GeoDirectory .This figure is higher in both year-on-year and quarter-on-quarter terms, having increased from 12.4% in Q4 2013 and 12.7% in Q3 2014.  The total number of occupied commercial premises in Ireland decreased marginally throughout 2014 from 195,545 in Q1 to 194,642 in Q4.

    The highest vacancy rate recorded in Q4 was in Sligo at 16.5%, this was a decrease from the 16.6% vacancy rate recorded in the county in Q3 2014. The lowest vacancy rate was seen in Kerry at 9.1%, a marginal increase on the Q4 2013 figure of 8.9%. Limerick experienced a large increase in commercial vacancy between Q4 2013 and Q4 2014 with an increase from 13.8% to 15%.

    All four provinces recorded an increase in their overall vacancy rate in 2014. The highest increase in commercial vacancy between Q4 2013 and Q4 2014 was recorded in Connacht where there was an increase of 0.8 percentage points (13.9% in Q4 2013 to 14.7% in Q4 2014). The next highest provincial increase was in Ulster, where a 0.5 percentage point increase was recorded between Q4 2013 and Q4 2014 (12.0% in Q4 2013 to 12.5% in Q4 2014). Munster saw commercial vacancy rates increase from 11.7% to 12.1% in the same period. The commercial vacancy rate in Leinster was at 12.6%, the same as in Q3 2014; however this figure was still above the 12.4% recorded in Q4 2013.

    At 49,161 or 22%, Dublin had the largest number of unique commercial address points followed by Cork (11.6% or 25,882) and Galway (5.7% or 12,817). Leitrim, Longford and Carlow had the lowest number of commercial address points with less than 3,000 units in each county, as was the case throughout 2013 and 2014.

    Annette Hughes, Director of DKM Economic Consultants said “We have now completed our second year of comprehensive quarterly reports on the commercial building stock in Ireland. The GeoView report gives its readers a unique view of the geographical spread of the commercial building stock in Ireland in 2014 and provides evidence of the uneven distribution of the economic recovery as some locations, where vacancy rates are higher compared with the same period in 2013, have yet to witness a recovery in the take-up of vacant commercial buildings.”

    Download Report
  • February 2015

    GeoView February 2015 - Residential Buildings Report

    This is the second publication on the stock of residential properties in Ireland commissioned by GeoDirectory from DKM Economic Consultants.  The report provides an analysis of the housing stock based on GeoDirectory's database of over 2 million residential building records.

    Download Report
  • December 2014

    GeoView Q3 2014 - Quarterly Commercial Vacancy Rates Report

    The latest issue of GeoView, published on December 4th 2014, reports that the overall commercial vacancy rate in Ireland in Q3 2014 stood at 12.7%.  This represents an increase from both the 12.6% reported in the Q2 2014 issue and the 12.3% recorded in Q3 2013.  At county level, the highest commercial vacancy rate of 16.6% was in Co. Sligo. Co. Kerry had the lowest commercial vacancy rate of 8.9%, while the rate in Wexford was just below 10%. Co. Clare’s commercial vacancy rate increased by the greatest degree, rising from 11.6% in Q3 2013 to 12.9% in Q3 2014.

    Within the Dublin postal districts, Dublin 17 recorded the highest commercial vacancy rate of 20.7%. However this was down 0.2pp on the 20.9% recorded in Q3 2013. The second highest vacancy rate was in Dublin 8 where the vacancy rate of 18% was unchanged from the same period last year. At 5.8%, Dublin 16 had the lowest commercial vacancy rate of the 22 Dublin postal districts.

    An analysis of vacancy rates by townsin this issue of Geoiew revealed that two highest rates occurred in the north west of the country. Ballybofey, Co. Donegal had the highest vacancy rate of 32.2%. This is 3.9 percentage points (pp) higher than it was in Q3 2013. The second highest vacancy rate of 24.2% was recorded in Inniscrone, Co. Sligo. Here, the vacancy rate increased by 2.2pp between Q3 2013 and Q3 2014.

    Annette Hughes, Director of DKM Economic Consultants said: “This is the seventh comprehensive report on the commercial (i.e. non-residential) building stock across the country. By examining data at 101 different locations, the GeoView report gives its readers a unique view of commercial activity in Ireland. Evidence of the economic recovery in Dublin, at least, is apparent from the fact that 14 out of the 22 postal districts analysed, experienced a decline in vacancy rates over the year.”

    Download Report
  • September 2014

    GeoView September 2014 - Residential Buildings Report

    This is the first publication on the stock of residential properties in Ireland commissioned by GeoDirectory from DKM Economic Consultants.  The report provides an analysis of the housing stock based on GeoDirectory's database of over 2 million residential building records.

    Download Report
  • August 2014

    GeoView Q2 2014 - Quarterly Commercial Vacancy Rates Report

    According to the latest issue of GeoView, the national average commercial vacancy rate increased from 11.9% in Q2 2013 to 12.6% in Q2 2014. For the first time the report includes an analysis of industrial commercial property including a breakdown of occupied manufacturing units in Ireland.

    According to this, the sixth edition of GeoView which is published quarterly, there are 223,152 commercial address points across the country, of which, 28,013 were classified as vacant. 

    The highest vacancy rate was in Sligo (16.0%), followed by Leitrim (15.5%), Galway (14.8%). The national vacancy rate increased by 0.7 percentage points, from 11.9% to 12.6% between Q2 2013 and Q2 2014. Co. Leitrim’s commercial vacancy rate increased from 13.8% in Q2 2013 to 15.5% in Q2 2014. This represents a 1.7 percentage points increase and was the largest increase experienced of all counties.

    A total of 9,606 occupied commercial address points were involved in the Industry sector at the national level in Q2 2014.

     ·         82% of these were involved in Manufacturing activities.

    ·         9% were involved in Water Supply/Waste Management activities.

    ·         6% were involved in Mining and Quarrying.

    ·         3% were involved in Electricity, Gas, Steam and Air Conditioning Supply.

    Annette Hughes, Director of DKM Economic Consultants said “This is the sixth comprehensive report on the commercial (i.e. non-residential) building stock across the country. By examining data on commercial property involved with manufacturing, mining and quarrying, water supply and electricity, gas, steam and air conditioning supply, the GeoView report gives its readers a unique snapshot of the geographical spread of industrial building stock in Ireland in Q2 2014.”

    Download Report
  • June 2014

    GeoView Q1 2014 - Quarterly Commercial Vacancy Rates Report

    GeoView  provides accurate and up-to-date data on the stock of commercial properties in Ireland. It was commissioned by GeoDirectory from DKM Economic Consultants. This report provides analysis from the most comprehensive national database of vacant commercial buildings.

    According to this edition of GeoView, there are 223,336 commercial address points across the country, of which 27,791 were classified as vacant. The national commercial vacancy rate in Q1 2014 is unchanged from the 12.4% reported in Q4 2013.

    This issue of GeoView includes an analysis of commercial vacancy rates in selected shopping centres and streets in Cork, Dublin, Galway, Kilkenny and Limerick. The average commercial vacancy rate of the shopping centres studied was 10.9%, while the average commercial vacancy 

    Download Report
  • February 2014

    GeoView Q4 2013 - Quarterly Commercial Vacancy Rates Report

    This is the first GeoView end of year analysis. It is based on the quarterly reports published throughout 2013 and includes data collected in Q4. The report includes information on national, provincial and county trends throughout 2013.

    The review found that the national  commercial vacancy rate in Q4 2013 was 12.4%. The average national commercial vacancy rate for the year as a whole was 12%. Kerry recorded the lowest average vacancy rate of any county in 2013 at 8.9%. Sligo recorded the highest average commercial vacancy rate of any county in 2013 at 15.4%.

    All four provinces recorded an increase in their overall vacancy rate in 2013 of around 1 percentage point; Connaught (12.9% in Q1 2013 to 13.9% in Q4 2013), Leinster (11.4% in Q1 2013 to 12.4% in Q4 2013), Munster (10.7% in Q1 2013 to 11.7% in Q4 2013) and Ulster (11.3% in Q1 2013 to 12% in Q4 2013).

    Download Report
  • October 2013

    GeoView Q3 2013 - Quarterly Commercial Vacancy Rates Report

    This issue of the report finds a national commercial vacancy rate of 12.3% in Q3 2013. Also contained in this release is a detailed analysis of commercial buildings in 101 locations across the country which finds that Ballybofey, Co. Donegal has the highest commercial vacancy rate of 28.2%. Greystones, Co. Wicklow had the lowest commercial vacancy rate of just 3.5%.

    Download Report
  • June 2013

    GeoView Q2 2013 - Quarterly Commercial Vacancy Rates Report

    This issue of the report finds a national commercial vacancy rate of 11.9% in Q2 2013. Also contained in this release is a detailed analysis of commercial buildings in Ireland's five major cities - Cork, Dublin, Galway, Limerick and Waterford.

    Download Report
  • March 2013

    GeoView Q1 2013 - Quarterly Commercial Vacancy Rates Report

    This is the first issue of GeoView commissioned by GeoDirectory from DKM Economic Consultants. It finds a national commercial vacancy rate of 11.4%. The highest vacancy rate of 15.1% was recorded in Co. Sligo while counties Kerry, Meath, Westmeath and Wexford all have the lowest vacancy rates around 9%.

    Download Report