Reasons to be cheerful after a tumultuous 12 months

Chaos reigned in 2020 in the Dublin office market, but a return to relative normality beckons next year

13th December, 2020
Reasons to be cheerful after a tumultuous 12 months
Central Park, leased in Q1 this year

To state the obvious, 2020 has been a difficult year for the Dublin office market.

The pandemic was a classic black swan event. The economic and social uncertainty created by the pandemic resulted in occupiers unsurprisingly, reassessing their relocation and expansion plans. As such, take-up was negatively impacted, with just 120,780 square metres likely to transact this year.

Notable deals included MasterCard’s 23,226 square metres in South County Business Park and Slack’s 12,540 square metres on Fitzwilliam...

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