State to boost Dublin office leasing market later this year - Savills | Newstalk

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State set to boost Dublin office leasing market later this year - Savills.

"It's been a slow start to the year, not completely unexpected," he said.

He said this is down to"a perfect storm" of people working from home, as well as tech sector redundancies and increased construction costs.Mr Duffy said they are expecting an increase in activity for the second half of the year. "We're all very familiar if we're buying to selling our houses that energy rating is quite important; it's the same with the commercial sector."So that's something that we see changing over the course of time," he added.It comes as Savills reports there was 266,000 square feet of take-up across 38 deals in the first quarter of this year.

 

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SavillsIreland Can’t live in those…

Why on earth is the state leasing buildings, with access to relatively cheap funding it seems ridiculous, plus many Civil servants still working from home.

This sounds like HAP for the owners of office blocks and the government will be the tenants

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 /  🏆 19. in JP

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