Market slowly coming back

The Dublin office market is recovering, but the vacancy rate remains stubbornly high, writes Marian Finnegan.

13th April, 2013
Investec has signed an additional 2,300 square metres in the Harcourt Building.

With 2013 well under way, the latest data from DTZ Sherry FitzGerald Research suggests that the gradual recovery of the Dublin office market is continuing.

Strong leasing activity, coupled with positive signs of demand for office space, saw a robust volume of transaction activity recorded in quarter one. The opening quarter of 2013 also witnessed renewed interest in demand for larger office floor-plates.

Despite a more challenging year than expected for the office market in 2012, the...

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