Although GDP contracted in Q4 2012, it was softer than anticipated, and Ireland recorded a second consecutive year of positive economic expansion. However, despite this solid performance, export market growth slowed on the back of weakening demand from euro zone countries and the UK, albeit growth was still positive. The robust economic conditions helped to keep industrial market conditions largely afloat, with only Dublin’s logistics sector registering minor declines in rental value
Source : Cushman & Wakefield