Commercial Property

Tech giants set to sub-let their surplus Dublin offices

Changes in work practices and hiring freezes have caused big tech companies to rethink their real-estate strategies, say commercial property agents

The Shipping Office development in Dublin’s docklands: TikTok pulled out of talks to lease 16,443 square metres there

Big tech firms in Dublin are preparing to sublet swathes of their office space later this year as they have become surplus to requirements, industry sources have confirmed.

New work-from-home policies, hiring freezes in Irish offices and wider tech sector lay-offs have overhauled the activity of tech firms in the Dublin office market, according to commercial estate agents and developers.

The Business Post has learned that one commercial property sector consultancy in Dublin is now ...