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Cork’s commercial property market proves a moveable feast

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Activity has swung towards industrial, logistics and student accommodation while new office development has ground to a halt, writes Donal Buckley

Cork’s commercial property market is experiencing swings and roundabouts. Development activity has swung towards industrial, logistics and student accommodation while new office development has ground to a halt. Meanwhile the city’s retail properties are attracting new occupiers and investors.

Last month, local investment firm Urban Green Private, led by Tom Coughlan, purchased Douglas Village Shopping Centre in the south suburbs for more than €23 million, which was over the €21 million price quoted by Cushman ...

 

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