Large proportion of Cork commercial property left vacant

Around 14% of commercial property remains empty, which is likely to increase even further in 2023
Large proportion of Cork commercial property left vacant

The trend comes amid a surge in job cuts across Ireland's tech sector, along with working from home and global uncertainty causing a major shift in post-pandemic work practices.

Spare commercial space is on the rise in Cork, with 14% of all office spaces already vacant. 

Figures for Cork have already outpaced Dublin, with the proportion of commercial property left unused likely to increase even further in 2023.

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