The Times and The Sunday Times and carefully selected third parties use cookies on this site to improve performance, for analytics and for advertising. By browsing this site you are agreeing to this. For more information see our .

Close
Subscription Notification
We have noticed that there is an issue with your subscription billing details. Please
Please update your billing information
The subscription details associated with this account need to be updated. Please to continue enjoying your subscription.
Your subscription will end shortly
Please to continue enjoying your access to the most informative and considered journalism in the UK.
Read the full article
Just register a few details

Lack of office space sends rents soaring

There have been no new offices constructed in Dublin for five years
There have been no new offices constructed in Dublin for five yearsSAM BOAL/ROLLINGNEWS

Prime office and retail rents in Dublin are expected to rise by about 12 per cent this year, raising concerns that Ireland could become less attractive to multinationals.

A report by the Society of Chartered Surveyors Ireland indicates that there was a 24.1 per cent year-on-year increase in prime office rents in Dublin last year. It said that this reflected the continued demand for city-centre locations, particularly from technology-based companies.

“While some respondents are anticipating an increase in supply in 2017, no new office space has been delivered to the Dublin market for the last five years and as a result demand continues to surpass supply,” Brian Meldon, chairman of the society’s commercial agency profession group, said.

“As a result, there are ongoing concerns about…

Want to read more?
Register with a few details to continue reading this article.

    You are now logged out

    Your choice of two articles a week

    Unlock quality journalism on the topics that you decide matter most.

    Or enjoy full digital access

    Get The Digital Pack for just £1 a month for 3 months, for a limited time only.

    Already a member?

    www.progressive.ua

    вход в личный кабинет альпари

    www.profvest.com