Colm Lauder: These numbers show why Dublin offices won’t be converted into homes

The debate around converting offices to residential has raged ever since we gingerly emerged from the first Covid-19 lockdown, though notably the main protagonists are generally not from the property sector.

While obviously well-meaning, the conversion debate has remained mostly aspirational and based on anticipated wide-ranging social changes such as working from home. Such changes were clearly apparent during the low ebbs of the pandemic but have considerably waned as normality resumes.

Meanwhile, the economic ...