Sunday 16 December 2018

37 Dublin office schemes in train

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Stock image
Ronald Quinlan

Ronald Quinlan

The largest transactions in the Dublin office market continue to come from the expansion of existing occupiers as opposed to new entrants, according to the latest bi-monthly report from CBRE.

Activity in the capital's office sector continued at pace in recent months following a very strong first quarter in which 83,493 sm (898,711 sq ft) of take-up was recorded.

CBRE notes that with "a sizeable proportion of accommodation reserved at present and several large requirements active, the prospect is for continued momentum in the office sector over the next couple of months".

There are currently 37 office schemes at various stages of construction in Dublin city centre, with more than half of the accommodation with a 2018 delivery date already pre-committed.

Indo Business

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