Industrial estate rents holding up during pandemic

201 202 harbour business park lisney

IRELAND's industrial and logistics sectors are holding up very well during the storm of the Covid-19 pandemic crisis, with the biggest challenge being the shortage of modern stock and the slowdown in construction of new buildings.

That's according to a new bi-monthly report from CBRE which also indicated  that "this acute supply-demand imbalance will insulate headline rental values in this sector of the market with no discernible rental decline anticipated in this cycle."