Office market take-up reaches 15,700 square metres in Q2
Rents in the office sector are holding firm at €608.90 per square metre, as occupier preference for new or best available space provides a price floor
This year is set to be 12 months of remarkable recovery for Ireland and other economies, as pent-up demand across all sectors is activated. This will boost office market activity, particularly as companies determine their evolving office requirements.
Take-up in Q2 reached 15,700 square metres, which while low compared with quarterly take-up achieved pre Covid-19, is a relatively strong performance given the extended lockdown.
The level of space reserved is always a leading indicator of overall activity...
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