February 27, 2017

Paul Scannell, Director, launches the HWBC Office Market Review 2016 and Outlook 2017

The always well-received HWBC Office Market report was launched this week (07 February 2017). The Report highlights the continued rental growth in 2016 and forecasts its trend for 2017 while assessing the possible impact of Brexit and the Trump election on the Office Market here. While enquiries for new office space by companies considering relocation is expected to accelerate in 2017, the shortage of residential accommodation was flagged as a possible risk to this growing opportunity.

The full report is available here.

Should you wish to discuss the Report with Paul, he is contactable on pscannell@hwbc.ie or +353 (0)1 77 50 500

The Report received media coverage here:

The Irish Times: Dublin office rents to grow strongly as Brexit boosts demand and Brexit effect will fill Dublin office boom

The Irish Independent: Office construction up tenfold in a year in the capital

CoStar: Robust Dublin office market set for 2017 Brexit boost

Irish Construction: No over-supply risk in Dublin offices even as completions set to double

Business World: Fears of over-supply recede in Dublin office market

Irish Building Magazine: Dublin office market all set for 2017 Brexit boost

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