Ireland’s commercial property market is shifting into a more selective phase. While uncertainty remains around interest rates and global economics, opportunity has not disappeared. Instead, it has become more focused. Investors and occupiers are now prioritising quality, resilience, and long term demand rather than broad market exposure.
So where is the most compelling opportunity right now in Ireland’s commercial property market? The answer lies in assets that align with modern business needs, sustainability goals, and changing patterns of work and consumption.
A Market Driven by Quality, Not Quantity
Gone are the days when almost any commercial property could attract strong demand. Today’s market rewards well located, efficient buildings that meet modern standards. Investors are increasingly cautious, but they are still willing to move quickly when the right opportunity appears.
High quality assets with strong tenants, long leases, and energy efficient credentials continue to perform well. These properties offer stability in a market where risk is being carefully reassessed.
Industrial and Logistics Remain in Demand
One of the clearest areas of strength is industrial and logistics property. Demand is being driven by ecommerce growth, supply chain restructuring, and the need for modern warehousing close to population centres.
Limited land availability around major cities has kept supply tight. This has supported rental levels and occupancy rates, making logistics assets attractive for investors seeking predictable income.
Regional hubs with strong transport links are also benefiting, as businesses look beyond Dublin for scalable and cost effective space.
Offices Are Evolving, Not Disappearing
While the office sector has faced challenges, it is far from obsolete. The market has split between older stock and modern Grade A offices. High quality offices that offer flexible layouts, strong energy ratings, and good locations are still seeing healthy demand.
Employers are using offices differently, focusing on collaboration and employee experience rather than desk density. Buildings that support this shift are holding their value and attracting long term tenants.
Offices that fail to meet these expectations are increasingly being considered for repurposing, adding another layer of opportunity for developers and investors with vision.
Sustainability Is Now a Core Requirement
Environmental performance is no longer optional in commercial property. Investors and tenants alike are placing real value on sustainability. Buildings with strong energy ratings are easier to lease, finance, and sell.
This has created opportunity in upgrading existing assets. Retrofitting older buildings to meet modern standards can unlock value while supporting Ireland’s climate goals.
Assets that cannot be improved may struggle, which is pushing capital toward properties with clear long term viability.
Why Selectivity Creates Opportunity
The current market environment rewards knowledge and preparation. Pricing expectations have adjusted, particularly for secondary assets, opening doors for buyers who understand the risks and the potential upside.
Rather than chasing volume, successful investors are focusing on fewer, better quality deals. This approach reduces exposure while positioning portfolios for long term growth.
Ireland’s strong economic base, skilled workforce, and continued foreign investment underpin confidence in the commercial sector, even as short term challenges remain.
Looking Ahead
Industrial and logistics assets, modern sustainable offices, and well located properties in growing regional centres continue to stand out. These sectors benefit from strong occupier demand, limited supply, and changing business needs that favour quality and efficiency.
Platforms like FindQo.ie play an important role in this process by helping buyers, investors, and agents track commercial listings, compare opportunities, and stay informed on market movement across Ireland. Having access to clear, up to date property data makes it easier to spot emerging locations and act with confidence.
For investors willing to be selective, informed, and data driven, the Irish commercial property market still offers meaningful potential well beyond short term uncertainty.
Frequently Asked Questions
What is the strongest sector in Ireland’s commercial property market right now?
Industrial and logistics property is currently one of the strongest sectors due to sustained demand and limited supply.
Is office property still a good investment in Ireland?
Yes, modern and energy efficient offices in good locations continue to attract tenants and investors, while older stock faces more pressure.
How important is sustainability in commercial property?
Sustainability is now a major factor influencing tenant demand, financing options, and long term asset value.
Are regional locations becoming more attractive for investors?
Yes, regional cities and towns with strong infrastructure and transport links are seeing increased interest as businesses expand outside Dublin.
Is now a good time to invest in Irish commercial property?
Opportunities exist for informed investors who focus on quality assets and long term demand rather than short term market movements.
