Dublin Office Market 2024
The office market experienced another subdued quarter with just 197,415 sq.ft. of space transacting over 35 deals. This represents a fall on the same quarter of 2023 where 283,734 sq.ft. of space transacted and a fall from the 357,694 sq.ft. experienced in Q4 2023. Small floorplates continue to attract high levels of demand with average deal sizes reaching 5,640 sq.ft., representing a material change from 8,129 sq.ft. last quarter.
On a positive note, heading into Q2, approx. 811,571 sq.ft. of space is “reserved” but this number appears to be continually rolling over into each subsequent quarter.
