Dublin’s office market is likely to get worse before it gets better with no relief in sight until 2027 amid a collapse in demand and a glut of new developments coming on stream. Last week the Central Bank aired its concerns over the situation. So will there by a crash in the office market sector and what might that mean for the economy?
John McCartney from BNP Paribas Real Estate explains why the fall in demand is part of a cycle and explores the forces – including troubles in the ICT sector and post-pandemic WFH – that have brought us to this tipping point.
Irish Times columnist Una Mullally is in no doubt that the crash has already begun and that poor planning has blighted Dublin with empty newly-built office blocks dotting the city while housing is so desperately needed.
Both explain where they are coming from and how we can move on.
Ireland survive early sting and fire back with venom to take down England
Three Israeli hostages released by Hamas in latest Gaza exchange
Ireland v England: Live reaction as Simon Easterby’s side record bonus point victory
Michael Longley funeral: Poets and politicians gather for writer who ‘touched the soul and imagination of many’
Presented by Bernice Harrison. Produced by Suzanne Brennan
