[Infographic] Q2 2026 Irish Commercial Building Market Snapshot

Ireland’s commercial property market continued to evolve in Q2 2026, with the national commercial vacancy rate recording its first year-on-year decline since reporting began in 2013. The infographic below highlights the key commercial property trends, including vacancy rates, regional variations and sector activity across Ireland.


The Q2 2026 report highlights some important trends in Ireland’s commercial property market:

• 30,611 commercial units recorded as vacant nationwide.
• 14.5% national commercial vacancy rate, down 0.1 percentage points year-on-year.
• Vacancy rates increased in 13 of the 26 counties, while falling in 12 and remaining unchanged in Cavan.
• Donegal recorded the highest county vacancy rate.
• Meath recorded the lowest vacancy rate.
• Dublin’s commercial vacancy rate fell to 13.3%, down 0.6 percentage points year-on-year.

The first annual decline in the national commercial vacancy rate is a notable development for Ireland’s commercial property market. However, significant regional differences remain, with vacancy rates continuing to rise in many counties, particularly across the West and North-West.

The report also examines changes across key economic sectors. Services remains the largest category of occupied commercial units nationally, accounting for 49.5%, followed by Retail and Wholesale at 21.7% and Health at 9.6%.

Download the latest GeoDirectory Commercial Vacancy Rates Report Q2 2026 to explore the full findings, regional variations and county-level analysis of Ireland’s commercial property market.