Office rents slowing in city centre, but demand for space will stay strong

HWBC sector report reveals it’s still a landlords’ market, writes Tina-Marie O’Neill

4th February, 2018
Office rents slowing in city centre, but demand for space will stay strong
100 & 300 Capital Docks, Dublin 2: recruitment site Indeed.com signed 20-year leases for the buildings last year

In an analysis of the Dublin office market, HWBC’s latest sector report predicts that Dublin city centre office rents will plateau this year, but that concerns about oversupply have been overdone.

According to the report, 2017 was a record year for take up of space, with more than 3.57 million square feet of take up from high-profile tenants such as JP Morgan, AIB and Facebook.

It was a case of lucky number eight for both...

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