Dublin Office Market Overview Q2 2019

Despite a quiet second quarter, the first-half of the year sees the strongest-ever level of take-up.

Summary

  1. Macro weaknesses in the Eurozone economy increase the likelihood of further monetary stimulus.
  2. Dublin is expected to be the fastest growing capital city in Europe
    between 2020-2035, with it’s population predicted to rise by 18%.
  3. 355,000 sq ft transacted in Q2 to bring take-up at the half-way point of the year to 1.7 million sq ft.
  4. €257.1 million worth of office investment transactions changed
    hands in Dublin during Q2, with a number of large sales expected to boost volumes in the second half of the year.
  5. Our analysis of investment flows since 2013 shows the ownership structure of the Dublin office market to be globally diversified.