Market reports

 

19/10/2020

Dublin | Offices

At a Glance Dublin Office Market Q3 2020

At a Glance Dublin Office Market Q3 2020

Total office take-up in Dublin reached 21,328 sq.m during Q3 2020. While this is a good increase on Q2 take-up, it is still very low compared to pre-pandemic levels of market activity.

Total office take-up in Dublin reached 21,328 sq.m during Q3 2020. While this is a good increase on Q2 take-up, it is still very low compared to pre-pandemic levels of market activity. This brings total take-up for the first nine months of the year to 135,125 sq.m which is a decline of 32% relative to the same period in 2019. There were 29 lettings completed during Q3, up from just 13 in Q2, while the average deal size was low at just 735 sq.m.