Dublin retail market is getting better, says JLL
Published 03/07/2014 | 02:30
The retail market continues to perform steadily, acording to new research from JLL, with increased interest and activity so far in 2014. Improving consumer sentiment and retail sales activity has positively impacted some retailer's performance, which is helping to improve perceptions and outlook across the whole sector. There is slightly more depth for prime units and schemes, said JLL's Hannah Dwyer, with continued demand for Dublin city centre high street locations. Henry Street was more active than Grafton Street this quarter, with limited available space on Grafton Street to let. There are now just five vacant units on Dublin city centre high streets, and demand from occupiers continues to be focused on these prime locations. The overall city centre vacancy rate is 3.2pc.