Property
Dublin office vacancy rate to hit 17 per cent by end of the year
Spike blamed on string of recently completed large office blocks that are without tenants as report says only 29 per cent of stock under construction has been pre-let
Office vacancy in Dublin is forecast to reach 17 per cent by the end of the year, a market briefing by Lisney has said.
The outlook report for the rest of the year added that only 29 per cent of the stock currently under construction has been pre-let by a tenant.
The amount of vacant space in the Dublin office market has increased significantly in recent years, rising from 6.9 per cent in March 2020 ...
