Dublin Office Market Overview Q1 2018

Supported by a favourable economic backdrop, the record level of occupier demand witnessed in 2017 showed no sign of abating in Q1 as the market continues to expand at a fast clip.

  1. A range of economic indicators make for a bright economic outlook.
  2. 747,835 sq ft transacted in Q1, making it the strongest first
    quarter recorded this cycle Prime Grade A rents remain stable at €62.50 psf.
  3. 346,000 sq ft of new office space was delivered as a number of
    landmark buildings reached practical completion.
  4. Asian buyers accounted for the largest source of capital for the
    first time, comprising 46% of the market