Sunday February 23, 2020

Prime space filling up in the city

A trickle-down effect is starting to be felt in some suburban locations, as city-centre office space becomes more scarce, writes Philip Connolly.

29th June, 2013
James Nugent, head of the office division and managing director at Lisney. Photo: Tony O'Shea

Prime office rents are beginning to creep up in Dublin city centre as the supply of top quality space becomes increasingly limited.

But it isn't just the prime market that is benefiting, with the previously stagnant secondary market also seeing a lift as companies avail of significantly cheaper rents, often still in central locations.

In the first quarter of this year, almost 40,000 square metre of office space was filled in the Dublin market, with...

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