Q3 2021 witnesses strongest office take-up in years

New supply, the return of international occupiers and growth in office-based employment are helping to drive recovery in the office market

If you build it, they will come: occupiers and investors have become very active again. Picture: Getty

BNPPRE Ireland’s Q3 2021 office market report will launch tomorrow and it includes a series of notable trends in the office market, such as increased deal sizes, the strongest office take-up in years and a record growth in office-based employment.

Occupiers took 43,151 square metres of Dublin office space in Q3 this year, representing a 162 per cent uplift on the previous quarter.

Given sluggish activity in the first half of the year, this is ...