Buzz Continues In Dublin's Coworking Scene
October 8, 2018

Buzz Continues In Dublin's Coworking Scene

E-Commerce Will Be Worth Over €10B In Ireland In 2020: Hear From Zalando & Microsoft On How To Take Advantage

Despite the strength of the Dublin office market and ongoing demand from tech, financial services and professional firms, flexible working providers are snapping up an increasing share of prime space in some of the best locations in the city.

Flexible space operators accounted for around 16% of office take-up in the first half of this year, double the 8% recorded in 2017, according to research from Savills. With total take-up at 1.68M SF between January and June, this equates to around 269K SF taken by operators like WeWork, Iconic Offices, Regus and Glandore.

That growth has caused the prices charged by operators to fall. Is that a sign of oversupply? Perhaps, but in the medium term those in the market feel that the flexible office sector is set fair for sustainable growth.

Figures from Instant Group reveal that Dublin had 113 locations offering flexible workspace in September, a jump of 29% in 12 months. The company noted that the market has a diverse mix of space types, with 79 serviced, 21 hybrid…

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Dublin Airport Authority (Oct2018) 15228 DUB
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Five Biggest Deals Of Q3 Account For Well Over Half Of Investment Spend

Adding up to €412M, the five biggest investment deals in the Irish market in Q3 accounted for 62% of the overall €665M spend, according to JLL research. By far the biggest transaction of the quarter was the €161M sale of…

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Expo Real (Oct8-10,2018) PO 15669
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Airport-Oriented Development Lands In Dublin

PRESENTED BY:   Dublin Airport Authority
 

A new real estate trend has taken off. As space in city centres becomes more expensive and less attainable, office developers are beginning to build further outside the urban core. To ensure they can attract tenants to their buildings, these…

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Savills (Different-Outlook) Dublin - FILLER
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Kennedy Wilson And Partners Pay €113M For 6-Acre PRS And Office Site In North Docklands

Kennedy Wilson and its joint venture partners AXA Investment Managers and Cain International have paid €113M for a 6-acre mixed-use development site in Dublin's north docklands in two separate deals.City Block 3 of the Docklands SDZ was put on the…

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Pace Of Hotel Sales Slows After Very Healthy Q1

At €263M, the value of hotel sales completed to date in 2018 far exceeds last year's first three quarters total of €87M. However, just €64M worth of deals were done in the second and third quarters combined, compared with €199M…

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Calibro (MakingSpace Work) DUB PO 14882
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Tell Us

Where will Dublin investment volumes finish in 2018? grainne.rothery