New research from CBRE Ireland confirms that despite softer economic conditions, a mix of international and indigenous industrial & logistics occupiers were highly active in s.
CBRE Ireland today confirm that a total of €623m was invested into Irish commercial property in Q1 2023, spread across 26 transactions. Despite the challenges facing segment.
Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has acquired Greenogue Logistics Park in Dublin.
With this acquisition – the first-ever logistics investment undertaken by Ingka Investments – IKEA Retail UK & Ireland has also announced that it is to open its first Irish Customer Distribution Centre (CDC) at the site.
The new facility is expected to reduce delivery lead times by more than half and create around 120 jobs across warehousing, logistics, and administration by the time it becomes fully operational in early 2024.