Apple expansion is shot in the arm for Cork property market

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Apple’s recent announcement of plans to expand its presence in Cork is expected to further underpin interest in the city’s property market where vacancy levels have dropped to less than 2 per cent in the industrial and logistics sector.

Apple’s recent announcement of plans to expand its presence in Cork is expected to further underpin interest in the city’s property market. The star performer is the local industrial and logistics sector, where vacancy levels have dropped to less than 2 per cent.

According to Philip Horgan of Cushman & Wakefield, the low vacancy combined with robust occupier demand “is resulting in a sustained upward trajectory on rental and capital values and a downward pressure ...

 

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