Commercial Property
Outlook for commercial office sector increasingly optimistic
With employees expected to spend more time in the office, the tide may be about to turn for the embattled market
“When one door closes, another opens,” might be a well-worn adage, but it is one that holds bitingly true for the commercial office sector, which has taken a bashing in the past two years. The outlook for 2024, however, is increasingly optimistic.
Take, for example, Savills Ireland’s Dublin office market outlook for the year, which reports that office-based employment is continuing to rise, with employees expected to spend more time in the office.
“Anecdotally, the ...