Offices | Business Post

Commercial construction activity plummets amid continued contraction in sector

New research from BNP Paribas suggests poor demand is strangling activity

Old office blocks ripe for repurposing, says leading architect

RKD’s Séamus Guidera says such buildings may become stranded assets but would work well as residential accommodation or hotels

MKN applies to convert planned six office units to apartments

The development company said the change was requested due to lack of demand for office space in the East Wall location

Kennedy Wilson not concerned about layoffs in the tech sector

The US-based real estate investment firm with a sizeable Dublin portfolio says that despite some recent redundancies, the IT sector has added 35,000 new jobs since the beginning of the pandemic

Commercial Property

Drive to boost office energy efficiency leads to upgrade over demolition

Environmentally sustainable buildings have an increasingly competitive edge when it comes to attracting tenants

Take-up in Dublin office market up 70% in 2022 but experts say next six months to be ‘challenging’

New Savills report shows office take-up in the capital has rebounded strongly from the pandemic and was in line with the five-year average last year

Dublin’s vacant office space will peak at 15% due to tech slowdown and remote working

BNP Paribas Real Estate Ireland (BNPPRE) predicts a challenging year as a surge in supply has come at a time of reduction in some sectors

Developers may turn offices into houses to speed up delivery of homes in Ireland, CBRE says

The real estate group said that the repurposing of commercial properties into housing has become a feature of other markets

Commercial Property

2022: one of the most active years on record for investment volumes

As H1 2023 approaches, however, subdued market sentiment looks likely to experience a six-month period of ‘wait and see’ until investor demand picks up in the second half of the year

Commercial Property

Prime office rents steady despite large increase in grey space

Savills reports an increase in shadow office space coming to the market, driven by post-pandemic changes in company working policies and negative economic factors, especially in the tech sector

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

Tech still outperforming financial services in Dublin office market

The technology sector remains top of the pile in terms of office space in the capital, but its share of the market fell from 56 per cent to 34 per cent in Q2, while there was a notable increase in activity among financial services firms

Moving office should be exciting but it can cost more time and money than necessary if not properly planned

Businesses considering changing premises should be aware of the issues that can arise, such as lease terms, legal issues, office fitout and staff requirements

Genie out of the bottle on hybrid office working

There is no turning back the clock to the old office model, with increasing numbers of companies reluctant to take out long leases on office space in favour of using serviced offices and managed offices

Year in review: Next year will bring the return of the large-scale office campus

Dublin office market has turned a corner, but flexibility will be key in 2022

Year in review: Tech sector is key to demand for office space

Despite the pandemic-inspired move to allow more people work from home, the office is far from being a thing of the past

City centre development to embody next-generation spirit of Dublin

An eco-friendly office and retail building opposite Trinity College will feature rainwater harvesting and a rooftop planted with native and adaptive plants

Office life has changed forever – now it’s time to adapt and adjust

As workplaces across Ireland prepare for the return of staff, two analysts at JLL Ireland offer their insight into employee expectations and what office life will look like soon

Three-storey D14 office building comes to market for €7.25 million

Trimleston House, an interconnecting three-storey office building at Beech Hill Office Campus in Clonskeagh, is coming to the market with a guide price of €7.25 million in one or more lots