News
Killarney below national average for vacant commercial buildings
By Sean Moriarty
Killarney has the lowest number of unoccupied commercial buildings in the county according to the latest GeoDirectory Commercial Vacancy Rates Report.
GeoDirectory studies unused commercial premises in every major town in Ireland.
Commercial vacancy rates in Kerry are lower than the national average of 14.0% the report found, but there was an increase by 0.9 percentage points to the end of 2022.
Of the towns in Kerry surveyed, Listowel had the highest commercial rate at 21.4%, while Killarney had the lowest rate at 12.5%.
The lowest commercial vacancy rates were recorded in Meath (10.2%), Wexford (10.4%) and Kerry (12.2%).
At 19.6%, Sligo recorded the highest commercial vacancy rate, followed by Galway (17.6%) and Donegal (17.5%).
“The rate of commercial vacancies is the highest level recorded by GeoDirectory since the Commercial Vacancy Rates Report began in 2013, continuing the trend of increasing rates in recent years.
“It is likely that this will continue in the short to medium term, as working-from-home becomes more formalised, combined with the growth of online retail and services, resulting in businesses requiring less physical space than previously,” Dara Keogh, Chief Executive of GeoDirectory, said.
The accommodation and food services sector had a decrease of 106 units in the last year to an overall total of 22,500 units. The five counties with the highest concentration of accommodation and food services units were Kerry (24.8%), Clare (20.9%), Donegal (19.1%), Leitrim (18.9%), and Galway (17.8%).
SUPPORTING LOCAL EDUCATION
Karen Buckley, representing the Loughguittane National School Parents Council, accepts the proceeds of the Fossa Two Mile Comhaltas Annual Ceili from Catherine Joy (Fossa Two Mile Comhaltas).
Pictured at the presentation in Fossa Community Centre on Sunday are (front row, from left): Fionn O’Donoghue, Ronan Carey, Jemma Reid, and Ruby O’Donoghue. (Second row, from left): Chloe O’Connor, Sean O’Brien, Ellie O’Donoghue, and Peg O’Donoghue. (Back row, from left): Jenny O’Donoghue, Luke Hannon, and Aine O’Brien.
Photo: Michelle Cooper Galvin
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