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THE EVOLUTION OF THE OFFICE SECTOR

The ‘Office’ has featured heavily in the press over the past 18 months and indeed in everyday conversation, as working from home became a necessity for most office-based employees. Countless articles and blogs have been published with sensationalised headlines such as “What will the office market look like after the great remote working experiment?” to […]

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Executive Chair: Neil Bannon, Executive Chairman of Bannon Commercial Property I Newstalk

We were delighted to hear our Executive Chairman Neil Bannon interviewed on Executive Chair, part of Newstalk’s “Down to Business” radio show on Saturday. Neil and Bobby discussed the big changes to the nature of the Office and how it will move from being functional to experiential. He provided the valuable insight that Investors and Employers […]

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At a Glance: Office Market Q2 2021

The Dublin office market has shown significant signs of improvement and given the large quantity of reserved space the second half of the year looks very positive.

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Hines completes acquisition of final phase at Chatham & King

International real estate firm Hines has formally acquired the second phase of Chatham & King, a new high-profile mixed-use scheme next to the Gaiety Theatre on South King Street in Dublin city centre. Hines’s acquisition of the 3,950sq m (42,500sq ft) portfolio marks the culmination of the €165 million deal it agreed with US private equity giant […]

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Doosan Bobcat signs 10-year lease at Swords Business Campus

Doosan Bobcat, the US engineering and construction machinery manufacturer, has committed to a new 10-year lease on premises at Swords Business Campus in north Dublin. It is understood that the US company has agreed to pay about €16 per sq ft for 10,000sq ft of office space at the development – a fraction of the €50 […]

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At a Glance: Office Market Q1 2021

Covid 19 and level 5 restrictions have continued to impact the Dublin office market this quarter with just 14 transactions recorded across the sector. As the vaccination rollout continues we are seeing a notable increase in market activity and re-activation of requirements, as companies plan for a return to the office. This is highlighted further […]

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At a Glance: Office Market 2020 in Review

Dublin Office Market 2020 – in Review. Full market report to follow.

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ESB exchange on landmark office development in Dublin

ESB have today, Thursday 12 November 2020, confirmed that Amundi Real Estate, a French Asset Manager, has successfully exchanged on Fitzwilliam 28, a prime office development in the heart of Dublin’s traditional central business district on behalf of a fund under management. Currently in the final stages of construction, Fitzwilliam 28 has been entirely pre-let […]

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At a Glance: Office Market Q3 2020

Lucy Connolly, Divisional Director – “Covid-19 continued to impact the Dublin office market in Q3 with 230,000 sq.ft. of take up recorded across 29 transactions, bringing the YTD figure to 1.38M sq.ft. relative to 2.12M sq.ft. for the same period in 2019. Going into Q4, there is 360,000 sq.ft. of office accommodation reserved”.

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At a Glance: Office Market Q2 2020

Lucy Connolly – Divisional Director – “The anticipated impact of covid-19 on the Dublin office market translated to a take up figure of 75,000 sq.ft. this quarter. We do expect to see a busier Q3 with over 700,000 sq.ft. of accommodation reserved, with some large transactions close to completing in the coming weeks. We commenced the quarter […]