Western office rents lag behind the capital

At about €350 per square metre, office rents in Galway and Limerick are roughly half as expensive as those in Dublin, writes Donal Buckley

10th June, 2018
Western office rents lag behind the capital
Gardens Internationals in Limerick

Galway and Limerick office rents are playing catch-up with those in Cork, but rents in the three regional cities are still about half of the €700 per square metre prime headline rents in Dublin.

Galway recorded the lowest vacancy rate and, consequently, the strongest rate of rental inflation in the last 18 months. However, despite the opportunity which these figures suggest, Galway appears to have the smallest office development pipeline.

According to the latest regional office...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say