Big Tech is backing up bullish Dublin office market

HWBC report finds oversupply not an issue as commercial sector is bolstered by strong fundamentals

The Sharp Building, a €20 million six-storey block on Hogan Place in Dublin 2

The fact that construction levels are at boom time levels might ring the oversupply alarm bells if it wasn’t the case that occupier demand in the Dublin office market is so strong.

Demand from the technology and finance sectors is driving take-up to levels that will possibly surpass the record level of 3.6 million square feet recorded in 2017. In our Dublin Office Market Review, published this weekend, we note that demand from ...