Tuesday July 14, 2020

The long and the short of it: the return of the short-term lease

Since 2019 there has been an increase in the supply of sub-lease space – and this looks likely to continue

31st May, 2020
Temple House in Blackrock, Co Dublin, is available to sub-lease from Zurich through agent JLL. Picture: Donal Murphy

In terms of the commercial property market, we are in a very unique and unprecedented situation. As occupiers put an increased focus on the effects of the current economic climate and how to adhere to social distancing regulations, we try to anticipate the long-term impact on the Dublin office market.

Ireland has the longest lease terms of all international markets, with the majority of leases being for 25 years with a break option between years...

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