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Tag Archives: GeoDirectory

Clare at risk of “significant economic disruption”

CLARE has been ranked fifth highest of Irish counties most exposed to “significant economic disruption” caused by the Covid-19 outbreak with more than half of the commercial units in the county likely to be affected. Cooraclare economist John Daly has conducted a study for the three Regional Assemblies of Ireland which found 50.5% of Clare’s commercial units were operating in sectors likely to be worst affected by Covid-19. This represents just over 2,500 businesses in Clare. The analysis found that 51% of units in Newmarket-on-Fergus were at risk, 47.7% in Ennis, 43.8% Kilrush, 42.6% Sixmilebridge and 32.6% in Shannon. Coastal and rural counties are more likely to be exposed due to their reliance on commercial units that generally require human interaction and cannot be operated remotely, the study outlines. The GeoDirectory commercial database has been used in identifying each area’s reliance on sectors likely to be affected by measures designed to curtail the spread of Covid-19. Sectors determined as likely …

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Commercial vacancy rates increase in Clare

Commercial vacancy rates in Clare have increased, from 12.2% in 2013 to 13% 2014, according to new research published by GeoDirectory. The total number of occupied commercial premises in Ireland decreased throughout 2014 from 195,545 in Q1 to 194,642 in Q4. The new research is from the 2014 Q4 edition of GeoView, which is published quarterly. It is the second annual review of commercial vacancy rates in Ireland that not only provides national data but also analyses the data by quarter, by county, by province and across a broad range of sectors in the Irish economy. The review found that the national average commercial vacancy rate in Q4 2014 was 12.8%. This figure represents an increase in commercial vacancy of 0.4% since Q1 2014. This means that the average national commercial vacancy rate in 2014 was 12.6%. All four provinces recorded an increase in their overall vacancy rate in 2014. Munster saw a commercial vacancy rate increase from 11.7% in …

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Survey highlights new builds in Clare

The current state of the construction industry in County Clare is highlighted in the results of a new survey. One hundred and twenty-two new residential buildings were recorded in Clare in the first six months of this year, according GeoDirectory. For the year ending June 30, 2014, there were 601 transactions in Clare and the average property price was €123,088. The new buildings in Clare are composed of 122 residential buildings, 93 commercial buildings and 7 dual-purpose buildings, with both residential and commercial elements. These new additions bring the total number of buildings in Clare to 57,805. The GeoDirectory database distinguishes between a ‘dwelling’ ,which is a single residential unit, as opposed to a ‘building’, which can comprise one or more dwellings. Clare had a residential density of 18.0 dwellings per km². Dublin had the highest residential density per square kilometre (573 dwellings per km²). Leitrim (12.4) had the lowest residential density, followed by the Western counties of Mayo (12.6) …

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Increase in vacant commercial premises in Clare

The total number of vacant commercial premises in Clare has increased from 11.2% in Q1 2013 to 12.2% in Q1 2014, according to the latest data published by GeoDirectory this Monday. For the first time, the report includes an analysis of the commercial vacancy rates of a selection of Ireland’s main shopping centres and high streets in Dublin, Cork, Galway, Kilkenny and Limerick. In Clare, 863 of the 7,062 commercial addresses recorded in Q1 2014 were vacant. This is a commercial vacancy rate of 12.2%.  This figure relates to premises in Ennis and all over the count. According to the latest edition of GeoView which is published quarterly, there are 223,336 commercial address points across the country, of which, 27,791 were classified as vacant. The national commercial vacancy rate in Q1 2014 is unchanged from the 12.4% reported in Q4 2013. Thirteen counties; Sligo, Leitrim, Galway, Dublin, Limerick, Roscommon, Waterford, Carlow, Donegal, Mayo, Laois, Longford and Offaly recorded commercial vacancy rates …

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