Offaly's rate of commercial vacancies virtually unchanged since last yearThe level of empty commercial properties in Offaly was virtually unchanged from June 2022 to June of this year, a new report has found. In Tullamore the commercial vacancy rate in June stood at 19%, while in Birr it was 17.2%. The national commercial vacancy rate stood at 14.1% in June 2023, which was a marginal increase of 0.2% compared to the same period in 2022. Ballybofey in Donegal retained the top position as the town with the highest commercial vacancy rate in Ireland at 29.9% as of June 2023. Commenting on the findings, Dara Keogh, Chief Executive of GeoDirectory said: "The latest GeoDirectory Commercial Buildings Report found the national commercial vacancy rate to be 14.1%, making this the highest level of commercial vacancy on record.

Source: Irish Independent September 07, 2023 22:50 UTC