High rate of commercial vacancies

Vacancies in commercial premises remain “stubbornly high” around the country with more than one in 10 buildings unoccupied, a report from property database GeoDirectory has said.

The regular GeoView report from GeoDirectory, a company jointly established by An Post and Ordnance Survey Ireland, said the total stock of commercial properties in the Republic in the last quarter of 2018 was 211,610, of which 27,951 were vacant.