Future of the office is secure, say experts

Despite the havoc wreaked by the Covid-19 pandemic on the office sector over the last 16 months, industry figures are now upbeat about its prospects, due to the rapid pace of vaccinations

Plans for the Sorting Office in Dublin’s South Docklands where TikTok has reserved 19,500 square metres of space

After a year when the harbingers of doom sounded the death knell of the office, estate agents have become chirpier about its future, thanks to the roll-out of vaccinations.

While acknowledging that lettings or take-up were low in the first half of the year and that supply of new space has been delayed, nevertheless they point to healthy figures for the amount of space reserved.

As we were going to press, estimates indicated that between ...