He reckons that office vacancy rates in Dublin will hit 16pc next year as the market hits a cyclical low. WeWork has insisted it remains committed to the Irish market despite filing for bankruptcy in the US on Monday – a move that only directly involves its US and Canadian entities. “Tech is a big sector for them,” said Mr McCartney, adding that the broader absence of tech firms from the leasing market in recent times has left “quite a gap”. He said there is an outflow of tech firms that have leased space, but no new inflow at the moment. The second challenge, he said, is the greyspace office market.

Source: Irish Independent November 08, 2023 04:01 UTC