• There has been a clear flight to quality in the Dublin office market in recent years, just as in other European markets.
  • Occupier demand has been primarily focused on buildings which promote wellness and better support modern, collaborative office layouts.
  • Demand for these buildings has been to the detriment of older second-hand office stock, causing rental growth on prime offices to outpace the rest of the market and essentially create a ‘two-tier’ market.