Ireland’s commercial property vacancy rate reached a record 14.6% by December 2025, driven by remote work, online shopping, and bank branch cuts.

Ireland’s commercial property vacancy rate hit a record 14.6% by December 2025, the highest since records began in 2013, with 30,687 units vacant nationwide. The rise is linked to long-term shifts like remote work, online shopping, and bank branch reductions. County-level data shows Sligo and Donegal leading with rates of 20.8% and 20.6%, while Meath had the lowest at 10.0%. Towns like Shannon, Co. Clare, saw rates as high as 34.5%, and Dublin’s rate was 13.5%, below the national average. Some areas showed improvement, suggesting local revitalization efforts may be helping.