Dublin’s industrial and logistics sector continues to deliver robust performance, with take-up hitting 491,600 sq ft across 17 deals in Q3 2025, new data from Savills Ireland reveals. This brings total activity for the year to 1.6 million sq ft, marking a 71 per cent year-on-year increase and underscoring sustained demand for well-located, high-quality space.

The south-west of Dublin remains the city’s most dynamic hub, highlighted by the quarter’s largest deal: Irish logistics firm JMC’s lease of 151,900 sq ft at Ballymount Logistics Hub. Alongside strong occupier demand, 763,900 sq ft of new space came online across eight units, the highest quarterly delivery since mid-2023. Despite this surge, Dublin’s vacancy rate stands at just 2.4 per cent, one of the lowest in Europe.

Prime rents also climbed, rising by €0.25 per sq ft to €13.75, with forecasts pointing to €14.00 by year-end. Savills attributes this steady growth to limited availability of modern, energy-efficient stock, as occupiers move quickly to secure space that meets sustainability and efficiency standards.

“The rise in prime rents reflects the scarcity of best-in-class stock and strong occupier appetite,” said Jarlath Lynn, Savills’ director of Industrial and Logistics. Meanwhile, research director John Ring noted that annual completions are on track to exceed 1.6 million sq ft in 2025, quadrupling last year’s total and signalling a healthy pipeline of smaller units set to complete in Q4.

Dublin’s industrial market remains one to watch, balancing rising supply with unrelenting demand from both domestic and international players.

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