Improvements in vacancy rates in the city

It follows a report by CBRE Ireland.

Cork Business Association says a new report on the Irish Retail Sector is a very encouraging sign for the city. 

The comments come as CBRE Ireland published their biannual report which shows vacancy rates in the city have made the most significant improvement in 2015.

The rate now stands at 6.6% at the end of the third quarter of this year.  

The commercial property consultants report surveyed ten locations across the country and they have described 2015 a year of recovery and growth.  

Speaking to RedFM News, Chief Executive of Cork Business Association Lawrence Owens says it's a great boost for local business. 
 

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