• Q1 office leasing activity dominated by smaller transactions
  • More than 45,000m2 of office leasing activity recorded in Dublin in Q1 in 42 individual transactions 
  • More than 285,000m2 of active requirements for office accommodation in Dublin at quarter-end
  • More than 107,500 square metres of office accommodation reserved at the end of Q1 2022
  • The overall rate of vacancy in Dublin declined further quarter-on-quarter, standing at 8.2% at the end of Q1
  • Prime headline quoting rents in Dublin increased to €629 per square metre (€58.50 per sq. ft.) during Q1
  • Offices comprised 10% of investment spend in the Irish market in Q1 2022