Tenants rent are off the plans because office supply is tight

Tenants rent are off the plans because office supply is tight View Gallery
Cumberland House in Dublin has been rented to Twitter and Mobile Travel Technologies

Scramble is on to meet demand

The scramble to meet the demand for office accommodation was reflected in two developments in the commercial property sector last week.

Hibernia Reit announced that it has completed the refurbishment of Cumberland House in Dublin 2 ahead of schedule. It will provide around 135,000 square feet of office space – all of which has already been let.

Meanwhile, the Cosgrave Property Group announced that it is to develop 105,000 square feet of offices in a scheme to be...

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