Commercial Property

Transactions continue despite weaknesses in office market

Figures from some agents suggest there is still demand for space despite a disparity between short and long-term outlooks for the sector

Iput has let 1,970 square metres at One Grand Canal Square in Dublin to Procore, a global software firm

Weaknesses in Dublin’s office market have been well documented in the past few weeks. However, both letting and purchasing deals are continuing to transact. Latest figures from some estate agents suggest that there is still demand for office space despite a disparity between short and long-term outlooks for the sector.

As much as 32,895 square metres of space was let or sold to occupiers during the third quarter of the year. This brought take-up for ...