Dublin office rents hit Euro 40 a sq ft as rise set to continue

Prime office rents in Dublin 2 and 4 increased by 15 per cent to Euro 40 per square foot during the second quarter of the year, and could reach Euro 45 by the end of the year.

13th July, 2014
Stack B offices at the IFSC.

Prime office rents in Dublin 2 and 4 increased by 15 per cent to Euro 40 per square foot during the second quarter of the year, and could reach Euro 45 by the end of the year, research suggests.

As much as Euro 292 million worth of office investment transactions of greater than Euro 1 million completed in the Irish market during Q2 2014.

A further Euro 85.65 million of mixed-use transactions – of which a large part comprised offices – were also...

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