The five counties that have bucked the commercial vacancy trend

The vacancy rate in Munster (the second lowest amongst the four provinces at 13.9%) was below the national average, with the lowest rate in Co Cork, at 12.2%.

Coming up roses? Carrigaline has the lowest commercial property vacancy rate in Co Cork at 7.2% image shows Rose of Tralee contestants visiting in 2019. Pic: Larry Cummins

AS the country’s vacancy rate for commercial properties climbed to its highest level since 2013, just five Irish counties bucked the trend by recording a decline in vacancy, with Cork being the only Munster county to do so.

The commercial vacancy rate in Ireland stood at 14.3% in the last quarter of 2023, up marginally by 0.3 percentage points since Q4 in 2022.