IDA advising clients to avoid lease negotiations until the end of 2019

Senior vice-president says a lot of office space is about to come on stream in the capital and this will have a ‘normalising effect on rents’

31st March, 2019
IDA Ireland senior vice-president Shane Nolan

A senior figure in IDA Ireland has revealed the state body is advising its clients to avoid lease discussions with landlords until the end of this year.

Last year, over 360,000 sq m of office space was taken up in Dublin city, with the majority snapped up by tech companies such as Facebook and Google.

Demand for commercial office space in Dublin is due to outstrip supply during 2019, according to real estate group Lisney, with...

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

Content is king – just ask Netflix as rivals attempt to steal its crown

Tom Maguire: Tax changes we make now could help business for years