Office Occupancy Cost Seeing a Shift

Rental space is on the rise in the Irish market, though typically assumed strictly to act as homes, there is new research pointing our direction to the office rental markets.

With the latest bi-monthly report recently released by commercial property specialists CBRE, numerous important transactions in multiple sectors of the Ireland commercial property market have been reported.

The report is mostly noted for the strong take-up recorded in the Dublin office market during the beginning of 2018. Dublin is currently ranked 27th for global office occupancy costs, compared to the 29th place they held in the year previous.

This shift to fulfill more and more office space within the city is most likely due to the ease of doing business within the city limits.

By maintaining such a central location, it is made possible for businesses to thrive. Businesses often depend on the resources a city offers, as well as the booming customer base. In the nation of Ireland, Dublin really is the best place for this.

With office rents in the suburbs seen to be at levels currently less …

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