Office letting market finally begins to build momentum

After 18 months of bad news, things are finally looking up in Dublin, with almost 93,000 square metres of offices reserved this quarter

A 55,800 square metre campus is being developed by Iput, with LinkedIn secured as the anchor tenant

Reserved offices refers to office space for which terms have been agreed but the lease has not yet been signed.

Ireland was one of the only countries with a full lockdown affecting construction, with all sites closed from January to mid-May this year. This had a massive impact on take up, which in Q1 was only 4,180 square metres, the lowest on record. In reality, that was not surprising. Why would tenants sign leases knowing ...