Office rents primed for further growth

Recovery prompts strong take-up in commercial space

One BB due for completion Q1

Prime office rents in Ireland’s four main cities are expected to grow again in 2016, with double-digit growth forecast for Cork, Limerick and Galway.

These are among the findings of the latest regional office report from DTZ Sherry FitzGerald.

A fourth-quarter surge saw Limerick rents increase 14.7 per cent in 2015 to €172 per square metre, compared to €150 per square metre earlier in the year. And DTZ Sherry FitzGerald Limerick director John ...