As Dublin’s commercial real estate market prepared for the worst last year amid global tech layoffs, the city’s reliance on the digital sector looked as if it may have backfired — low levels of activity looked as if they could be the precursor to a severe dip.
Yet tech’s contraction has not been as sharp as first feared, and reports suggest occupier interest in Dublin’s office stock is up, with several high-profile international corporates completing leases or searching for space.
With new space due to come online in the next year, vacancy could still rise, and the sector is not out of…
Source: The Race For Space: Occupier Demand Begins To Turn Dublin Office Market Around