Hibernia confident on Dublin office market

Kevin Nowlan

Hibernia REIT will tell investors the Dublin lettings market remains strong at its annual general meeting later today.

In a trading update covering the period from 1 April, the Irish property group said Dublin office letting activity in the quarter ended June 2018 maintained the strong momentum of recent quarters with 900,000 sq ft taken up. Total lettings for the first half of 2018 exceeded 1.6m sq ft, with almost half of this coming from transactions of 45,000 sq ft or greater. Office vacancy at the end of June 2018 was 4% for Grade A space in central Dublin and 6% overall.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue