This report provides an analysis of Ireland's commercial building stock. The recovery over recent years has not been as broad-based. Despite improvements this analysis demonstrates that many areas across Ireland continue to experience high commercial vacancy rates. Improvements in vacancy rates continue to be concentrated on the East coast of Ireland, particularly the Greater Dublin Area.
The national commercial vacancy rate has fallen slightly from 13.3% in Q4 2017 to 13.2% in Q4 2018 according to the latest GeoView Commercial Vacancy Rates Report published by GeoDirectory today. Out of the total stock of 211,610 commercial properties in the State, 27,951 were vacant as of Q4 2018.
Sligo recorded the highest commercial vacancy rate in the country at 18.9%, while Meath was the county with the lowest at 10.4%. Ballybofey in Donegal has the highest commercial vacancy rate (30.7%) as the North-West falls further behind the rest of Ireland, In the capital, Dublin 11 registered the highest vacancy rate at 16.7%