8Research pieces indexed
Latest Jun 15, 2026

Global Real Estate Intelligence is a neutral index of publicly available research. All rights in Lisney’s work remain with Lisney; we link to the original.
Lisney's Q1 2026 update on the Irish commercial property investment market.

Lisney's Q1 2026 update on the Irish industrial and logistics property market.

Lisney's Q1 2026 update on the Irish office property market.

Lisney's Q1 2026 update on the Irish retail property market.

Dublin office market activity moderated in Q4 2025 with 67,000 sqm of take-up, down from 75,400 sqm in Q3 but remaining 41% above Q4 2024 and exceeding the 10-year quarterly average of 58,200 sqm. Prime city centre rents remained stable at €678–€700 per sqm, the headline vacancy rate stood at 14.7%, professional services led occupier demand at 36% of take-up, and North American occupiers accounted for 31% of activity while domestic occupiers represented 22%.

Irish commercial real estate investment reached €814 million across 41 transactions in Q4 2025, with the living sector leading activity at 38% of turnover driven by record student accommodation deals, while retail rebounded strongly at 27% and international investors (particularly UK and German buyers) accounted for 80% of activity. The 2025 full year saw €2.44 billion invested across 122 transactions broadly in line with 2024, though deals over €50 million declined as a proportion of turnover from earlier quarters, and Dublin dominated with 78% of quarterly activity.

Lisney's Q3 2025 Investment Report documents Irish commercial real estate activity, which reached €698m across 34 transactions, with the living sector rebounding to lead activity at 37% of turnover for the first time since early 2023, followed by offices at 35% and industrial at 13%. Larger deals over €50m accounted for 54% of quarterly turnover, French investors remained particularly active at 30% of turnover, and Dublin dominated with 96% of total investment activity, while off-market transactions comprised 51% of the quarter's deals.

Dublin's office market strengthened in Q3 2025 with take-up reaching 75,400 sqm, up 43% year-over-year, driven by 57 completed transactions across diverse sectors with improved occupier confidence and declining vacancy rates at 14.9%. Prime city centre headline rents remained stable at €678–€700 psm, with domestic occupiers accounting for 49% of activity, the financial sector leading at 33% of take-up, and suburban activity increasing notably to 35% of total transactions.
Property types that turn up most often in Lisney’s published research.
Geographies that turn up most often in Lisney’s published research.