Office market is attracting foreign direct investment

The Irish office market continues to be heavily reliant on foreign direct investment (FDI), according to property agent Savills.

1st June, 2013
Grand Canal Dock, Dublin: there is a shortage of adequate properties in the central business district and Docklands area. Photo: photocall

The Irish office market continues to be heavily reliant on foreign direct investment (FDI), according to property agent Savills. With domestic demand being hit by the downturn, the influx of foreign companies into Ireland has been the primary driver in the office market, according to the firm.

Due to the number of international companies looking to avail of prime Dublin office space, office rents look set to continue to rise in certain locations over the...

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