Wednesday September 23, 2020

Office sector has been built to withstand economic headwinds

Google pulling out of its Dublin deal is not a cause for alarm in the sector, which has come a long way since the last financial crisis

13th September, 2020
One Haddington Buildings in Dublin 4: physical office space is likely to remain in demand despite the effects of the pandemic

The news last Monday that Google was pulling out of a deal to rent the Sorting Office in Dublin 2 has led to speculation that this is the tipping point signalling hard times ahead for the Dublin office market. We are now also officially in recession, so it would be easy to talk a negative bear out of its cave this week.

With requirements placed on hold and very few major lettings since the onset of...

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