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Ireland's Commercial Vacancy Rate Hits Record High

Ireland's Commercial Vacancy Rate Hits Record High

Galway News Today | 2 Min News | The Daily News Now! · The Daily News Now!

February 26, 20261m 34s

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Show Notes

Commercial vacancy rates in Ireland surged to a record high of 14.6% in Q4 2025, with over 30,000 empty units nationwide. Galway County ranked third highest at 18.7%, while Sligo and Donegal led with 20.8% and 20.6% respectively. Connacht topped provinces at 18.6%, and Leinster had the lowest at 13.2%. Shannon in Clare had the highest rate at 34.5%. Experts attribute this to shifts like online shopping and remote work, urging smarter use of empty properties. Revival efforts in 9 of the 15 worst towns show promise, with local strategies crucial for filling spaces and boosting communities.

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