Office values will be driven by occupiers’ requirements
While there is a full pipeline of development in the wings, much of this is unlikely to be built without pre-lets in place. That should prevent the office market from any major oversupply in the medium term
The Dublin office occupier market has returned to pre-crash leasing activity levels, but with one important difference: some 55 per cent of all stock due to be delivered in 2018 is already reserved.
While there is a full pipeline of development in the wings, much of this is unlikely to be built without pre-lets in place. That should prevent the office market from any major oversupply in the medium term.
Prime rents in ...
