• Office take-up in Dublin during Q2 2019 reached more than 45,000m2, bringing total take-up in the first half of 2019 to 152,201m2

  • In total, there were 50 office transactions signed in Dublin during Q2 bringing the total number of office deals signed in the first half of the year to 99 compared to 105 in the first six months of 2018

  • There was only 1 transaction extending to more than 9,290 square metres (100,000 sq. ft.) signed in the Dublin market in Q2

  • A total of 3 pre-letting transactions were signed during Q2, accounting for 35% of overall take-up in Dublin in the three month period between them

  • 19% of office take-up in Dublin in Q2 2019 occurred in the suburbs

  • The public sector accounted for the largest proportion (41%) of take-up in Dublin during Q2

  • Overall demand rose quarter-on-quarter, standing at an all-time high of almost 400,000m2 at the mid-year point

  • The overall rate of vacancy at the end of Q2 was 5.65% versus 5.39% the previous quarter

  • Prime headline rents remain stable at €700 per square metre (€65 per sq. ft.) at the end of Q2 2019

  • Prime office yields remain stable at 4.0%

  • Offices comprised 37% of investment spend in the Irish market in the first half of 2019