Saturday August 15, 2020

Rental surge reflects the new positive sentiment

James Nugent, managing director of Lisney, examines the recent huge changes in the Dublin office market.

6th July, 2014
An industrial site at Ballyurra, Kilrush, Co Clare which sits on 0.6 acres is up for sale in Limerick next Thursday, December 5.

Overview

How times change. Less than two years ago, the Dublin office market was relatively flat, with little or no rental growth and a plentiful supply of accommodation for potential occupiers. Now, the situation is very different. For those out in the market trying to source good quality space, the list of options is short. The constraints in supply are unlikely to improve any time soon, as there is very little new construction ongoing.

This...

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