The Technology, Multimedia & Telecommunications (TMT) has been the top performing sector in terms of office take-up for many years, with major players such as Google, Facebook, LinkedIn, Microsoft and Amazon continuing to expand their presence in Dublin alongside smaller TMT companies. Recent years have seen a rise in take-up from other sectors, most notably the Public, Professional and Health & Pharma sectors.
Brexit has had a positive impact on the Dublin office market too, with many companies opting to open offices in Dublin to retain access to European markets.
In terms of location, the Prime City Centre (core CBD not including the docklands) remains the most popular for office occupiers, representing 45% of take-up year-to-date. The corresponding figure for 2019 was 41%.
Sample of Recent Office Lettings
|Date||Property||Postcode||Sq. ft||Sq. m||Tenant||Sector||Headline|
Rent (€ psf)
Rent (€ psm)
|Q4 2019||Charlemont Square 2||Dublin 2||170,125||15,805||Amazon||TMT||€53.50||€576|
|Q1 2020||Fitzwilliam 28||Dublin 2||134,656||12,510||Slack||TMT||€57.50||€619|
|Q4 2019||Cadenza, Earlsfort Terrace||Dublin 2||112,760||10,476||Intercom||TMT||€60.00||€646|
|Q4 2019||70 St. Stephens Green||Dublin 2||62,000||5,760||Horizon|
|Health & Pharma||€60.00||€646|
|Q4 2019||1st & 2nd Floors,|
Two Park Place
|Q4 2019||Ground & First Floors,|
5 Earlsfort Terrace
|Q1 2020||4th & 5th Floors,|
|Q3 2020||4th & 5th Floors,|
One Warrington Place
|Dublin 2||13,637||1,267||Regeneron||Health & Pharma||€61.00||€657|
|Q2 2019||3rd Floor, Two Park Place||Dublin 2||13,000||1,208||Gartner||Professional||€64.50||€694|
|Q1 2019||Ground & 1st Floor,|
The following information is available from the BNP Paribas Real Estate Data Site:
- Maps & Images
- Legal Documents
- Tenancy Details
- Floor Plans
- Plowman Craven Measured Survey
BNP Paribas Real Estate will provide a dedicated username and password for interested parties.
We understand that the property is held Freehold.
All viewings are strictly by private appointment through the sole selling agent.
DLA Piper Ireland
t +353 1 487 6660