One third of Dublin office space dormant following tech job cuts

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Surplus office accomodation accounts for about 32 per cent of all available supply and is set to increase further, according to Lisney, the estate agent

Spare office space is rising in Dublin as some of the world’s biggest technology firms contend with post-pandemic working practices and global industry uncertainty.

So-called ‘grey space,’ — surplus office accommodation that is leased but not being used — currently accounts for about 32 per cent of all available supply and is set to increase further, according to Lisney, the estate agent. The overall vacancy rate in Dublin now stands at around 13 per cent.

 

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