Cork is seeing development momentum despite reduced commercial property transactions

Report points to significant office developments and planning permissions for the city

Positive commercial developments in Cork include more than 6,500 square metres of new office accommodation now available at The Counting House office scheme in the Brewery Quarter. Picture Denis Minihane. 

Cork is seeing continued momentum in the construction and development sector despite 'subdued' transaction levels for commercial property according to CBRE Ireland.

The property specialists released their final bi-monthly report for 2020 on trends and transactions in all sectors of the property market with consultants describing 2020 as a ‘challenging and unprecedented’ year for the market.