Multinationals’ property holdings dwarf those of other capitals – NTMA

A report found that the top five tech companies accounted for a much higher footprint in Dublin than in London or New York

The impact of tech multinationals on the Dublin commercial property market significantly outweighs that in other European and international capitals, according to a report by the state’s money manager.

The report, released last week by the National Treasury Management Agency (NTMA), flagged concerns about the risk to the economy from the high concentration of employment and tax revenue arising from a small group of multinationals.

The report also details in depth the Dublin ...