Dublin Office Market Overview - Research, Q3 2021 Special Focus: Dublin 2 leads the way as the office market rebounds - Knight Frank
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Occupier Trends Investment Trends Market Outlook
Dublin Office
knightfrank.com/research
Market Overview
Research, Q3 2021
Special Focus: Dublin 2 leads the way as the office market rebounds2 3
DUBLIN OFFICE MARKET
OVERVIEW Q3 2021
15.6%
Forecast GDP growth in 2021
The re-opening of the Irish and global
The Irish economy is rebounding even faster than expected. Domestic activity is
economies has boosted domestic
economic growth and fuelled an
anticipated to be at pre-pandemic levels by the end of 2021. Coupled with the multi-
already strong export sector. national sector, the value of the economy will reach the highest level on record in 2021.
PAGE 3
ECONOMY With these levels of growth will come uu
an increase in employment, with the
All expectations about the pace of the Overall GDP growth of
Central Bank indicating that it expects 15.6% in sight for 2021, with
recovery in the Irish economy have been
€133m 436,000 exceeded, with GDP growth now expected
160,000 jobs to be created by 2023. While the domestic side of the
to be over 15% for the year as a whole.
employment growth has been slower economy expected to grow
by over 5%.
sq ft
to recover in the sectors which have
Domestic activity has taken off and is
been worst affected by Covid-19, such as
Invested in Dublin office expected to be at pre-pandemic levels by uu
hospitality and retail, it has been stronger
assets in Q3, taking total office the end of 2021. Coupled with the ongoing
investment to €772m for the first than pre-pandemic levels in the high (including pharma), which remain the
Office market take-up, strength of the multi-national sector, the
nine months of the year. value adding sectors of ICT and industry two highest value adding sectors of the
a significant bounce as value of the economy is set to reach the
81% of investor spend was the economy opens up. highest level on record in 2021.
5 KEY
on five buildings. 35% of Q3 take-up was
The multi-national sector, largely Employment by economic sector (‘000’s)
in Dublin 2.
PAGE 10 unaffected by Covid-19, is experiencing a Q2 2019 Q2 2020 Q2 2021
TA K E A W AY S
PAGE 4
stronger than expected increase in overall
Finance, Insurance & Real Estate
demand and export demand in particular.
Industry
uu
Human Health & Social Work
Employment growth across
the high value adding Education
sectors is now stronger
than pre-pandemic levels. Public Admin & Defence
uu Admin & Support Services
Prof, Scientific & Tech
The pace of the recovery in the EU, US,
60%-75% 62% UK and Ireland’s other trading partners
has and will continue to add further
momentum to export demand. Irish
ICT
Accommodation & Food Services
of the total space that will be let in the market of space completed in Q3 is pre-let. export growth is set to reach double digits
in 2021, is expected to be located in Dublin 2. in 2021 and will remain a driving force Transport & Storage
The impact of delays post covid lockdowns
Occupier preference for large new space in into 2022 and 2023.
along with the challenge of supply con- Wholesale & Retail Trade, Repairs of Motors
Dublin’s core is leading the recovery.
straints and cost pressures, has impacted The domestic side of the economy has
PAGE 9 the pipeline quite considerably in 2021. Construction
recovered at pace and is expected to
PAGE 8 increase by 5.1% in 2021 and by over 7% in
Ag, Forestry & Fishing
2022. Household spending is the leading
component of the recovery in domestic Other
demand, with personal consumption
expected to grow by 6.2% this year and by 0 50 100 150 200 250 300 350
Source: CSO/Knight Frank Research
over 8% in 2022.4 5
overall economy. Job creation in the Both labour shortages (leading to A return to the office is gradually Take-up Services and Finance which accounted for expect strong competition for centrally
professional services sector has also higher wages) and price increases on underway and while the October 22nd date 436,000 sq ft of space transacted in Q3 - 21% and 19% respectively. located buildings with the best flexibility,
already gathered pace in 2021. materials are having an impact on the for a complete removal of the requirement more than double the 196,000 sq ft that amenities, connectivity, technology, and
Vacancy
construction sector and on overall to work from home, has been extended to was let during the first half of 2021. While sustainability features which should put
As a result, the unemployment rate The vacancy rate fell from 10.6% in Q2 to
commercial building costs, which are Spring 2022, most companies are starting this brings take-up for the nine months of upward pressure on prime rents. Buildings
has fallen relatively rapidly with the 10.5% in Q3 – the first contraction since the
expected to feed into upward pressure to implement hybrid working models. the year to 633,000 sq ft, it remains below that do not satisfy these requirements
seasonally adjusted monthly rate at onset of the pandemic. With 84,000 sq ft
on rental levels in the office market in Combined with job creation across many the market’s long term average (10-year) will suffer from an increasingly smaller
6.4% in September. The expectation is reserved at One Park Place and a further
2022 and 2023. sectors which are office based, including for this point of the year which stands at target audience, with the spreads between
that unemployment will fall further in 52,000 sq ft reserved at 124-127 St Stephen’s
ICT, professional services and the 1.6 million sq ft. Encouragingly however, prime and secondary offices expected to
2022 and 2023, potentially dropping uu Green, there is strong evidence that there is
public sector, companies will be better a further 525,000 sq ft was reserved in widen further.
below an annual rate of 6% in 2023. significant occupier demand for the better
Prospects for the able to assess their future office space Q3, bringing the overall volume of space
quality grey space on the market which OUTLOOK
Inflationary pressures remain office market are very requirements and seek expanded and new reserved in the market to 1.1 million sq ft
should put further downward pressure on
inevitable given the pace of the favourable as the space that fits the higher specifications of in 2021. As the phased return to the office continues
the vacancy rate in the coming quarters.
recovery and the supply constraints economy opens up. the future office model. and companies assess their business
Take-up in the South Suburbs rivalled
that are currently apparent in both Rents requirements and occupational strategies,
that of the City Centre with both areas
the domestic and global markets. How uu
OCCUPIER TRENDS accounting for 44% of activity each.
Prime rents remained stable at €57.50 psf we expect office take-up to trend stronger
much of this will become permanent in Q3 and our view is that there is a firm again in Q4. A significant quantum of the
The success of Ireland’s vaccination rollout The South Suburbs was home to two of
remains difficult to determine at this The construction sector saw a strong floor on prime rents at this level. There 1.1 million sq ft that is reserved should
programme, and the current extension the largest transactions which saw BNP
point, but it is reasonable to forecast rebound in activity in Q2 (22.9%) was evidence of a flight to quality on the transact with annual take-up likely to
of it, along with the gradual easing of Paribas take 44,000 sq ft at Termini in
given current price pressures, that compared to Q1, when the sector was part of occupiers as demonstrated by the stand at 1.5 million sq ft by year-end.
restrictions is providing companies with the Sandyford Business District, while
consumer price inflation will remain in lockdown and activity is expected to I N T E N D TO I N C R E A S E H O L D I N G S fact that four of the top five transactions in A tighter development pipeline, along
a pathway back to the office and cause Accenture took 37,000 sq ft at Building
above the targeted 2% in 2022, possibly continue to gather pace as developers Q3 involved buildings that were delivered with increased costs and enhanced
to consider their future occupational 10, Cherrywood Business Park. TMT
exceeding 4%, depending on how aim to catch-up on delivery deadlines, NO CHANGE during the last three years. As the market sustainability requirements, will put
strategies which has translated into a comprised 31% of activity, while there was
energy price pressures evolve over the which have been impacted by six recovery intensifies, and given the de- upward pressure on rents as the market
marked improvement in activity in Q3. I N T E N D also
TO D E C R E A S E H O L D I N G S strong demand from Professional
next six to nine months. months across most schemes. risked pipeline over the next two years, we recovers further in 2022 and 2023.
10.5%
TOP 5 OFFICE LEASING TRANSACTIONS Dublin market vacancy rate
12%
PROPERTY TENANT SECTOR SIZE (SQ FT)
€57.50
10%
TERMINI, DUBLIN 18 BNP PARIBAS FINANCE 43,767
Vacancy rate 8%
BUILDING 10, CHERRYWOOD PROFESSIONAL
ACCENTURE 36,525
BUSINESS PARK, DUBLIN 18 SERVICES 6%
40 MOLESWORTH STREET, DUBLIN 2 DLA PIPER
PROFESSIONAL
29,773 4% prime rents holding firm
Take-up by sector SERVICES
Q3 2021
(per sq ft)
140 PEMBROKE ROAD, DUBLIN 4 BORD BIA STATE 27,588
2%
TMT 31%
0%
PROF SERVICES 21%
6 PEMBROKE ROW, DUBLIN 2 OPW STATE 27,557 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
FINANCE 19% 2018 2018 2018 2018 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021
Source: Knight Frank Research Source: Knight Frank Research
Office take-up Prime rental growth (per sq ft)
sq ft (millions)
€80
€70
3.9M
3.6M €60
3.3M
€50
2.8M
2.7M
2.4M €40
Forecast
2.0M €30
EDUCATION 1%
1.5M 1.5M €20
OTHER 6%
€10
MEDICAL 8%
€0
STATE 14%
2013 2014 2015 2016 2017 2018 2019 2020 2021f
2013 2014 2015 2016 2017 2018 2019 2020 2021f
Source: Knight Frank Research Source: Knight Frank Research Source: Knight Frank Research6 7
R
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PE
OA
RR
ULA
UP
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RC
TOP LETTINGS, INVESTMENTS & DEVELOPMENTS IN Q3 2021
PO
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RT
LL
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ST
HI
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ND
NO
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RS
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HILL
CONNOLLY
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STATION
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INE
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T
RS
EE
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TR
NS
NNE
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Blocks A & B, Parkgate
SS
CO
ET
Business Centre
LL S
ET
IEN
CH
LO
RE
ES Date: Q3 2021 ST SH ER IF F ST
AM
WE
L
TR
TE EL HENRY RE ET UP PE
RF Price: €24,330,000 RN R
PA
EET
R
IE STREET
LD NIY: 4.95%
PHOENIX
AD
AV THE
L PL
PARK E Vendor: Blackstone CONVENTION
STREET
EA ST WA LL RO
CENTRE
KHAL
Purchaser: Union Investment
SMITHFIELD
UAY
BLAC
QUEEN
N Q
3ARENA
EDE
HEUSTON S QUAY
STATION R GE C IT Y
GE O QUA
VIC TO RIA QU AY
Y 50 City Quay
ARR Date: Q3 2021
AN
QUA
USH Y Size: 4,500 sq ft
ER’
SQ
UAY DQ UAY Developer: Hibernia REIT
WOO
ASS
OD BYP
LI Z
BRID
E
AP BORD GÁIS
CH ENERGY THEATRE
The Reflector
GE S
TRINITY
TR COLLEGE
EE DUBLIN PEA Date: Q3 2021
T RSE
THOM STR Take-up: 23,332 sq ft
AS S E ET
SOUT H CIR CU LA
TRE Tenant: Wix
E T 2 Cumberland Place 2 Cumberland Place
T
40 Molesworth Street Sector: TMT
E
PATR I CK S TR E
T Date: Q3 2021 Date: Q3 2021
E
RE GRAFTON Date: Q3 2021
ST Take-up: 5,378 sq ft Size: 58,000 sq ft
E ST
S STREET
T
ME
Take-up: 29,773 sq ft
REE
JA Two Clarendon Row Tenant: Invesco Developer: Hibernia REIT
Tenant: DLA Piper
DAR
E
D Sector: Finance
ROA
ON ST
Date: Q3 2021
AN
Sector: Professional Services
HAM
R R O AD
KI L M A I N L
KIL
OLD Size: 26,000 sq ft GR
BO NE AN
ROW Developer: Lone Star
DAWS
AR D
M GOVERNMENT CA
Note: Sold to Hines MERRION NA
BUILDINGS SQUARE L
M ST
KEV OU LO
IN NT W
ST ER 7 Grand Canal
RE ST
ET ST STEPHEN’S RE
UPP ET Date: Q3 2021
ER GREEN LO
WE Take-up: 6,835 sq ft
R Tenant: Berkshire Hathaway UE
T CUFFE ST 7-12 Baggot Court BA TH AV EN
R EE 76-78 Harcourt Street Fitzwilliam 28 Sector: Finance
ST Date: Q3 2021
RK Date: Q3 2021 Date: Q3 2021
CO
Take-up: 6,037 sq ft
E
Size: 135,000 sq ft
AC
D
Price: €21,200,000
O
Tenant: Free Now
N
RR
SO NIY: 4.33% THE Developer: ESB
O
BA
UT Sector: TMT
R
HC
E
IVEAGH Note: Sold to Amundi Real Estate
E
G
Vendor: Henderson Park
LE
IRC
TT
T
G
R
AV
ULA GARDENS
EE
O
PE
ES
RR Purchaser: Sofidy RD AVIVA STADIUM
T
OR
EN
ON
TR
O
UP
ST
NO
ON
CAMDE N S T R E E
AD
GT
UE
LSF
DO
LS
DIN
LO
ST
RT
SHEL
ST
LP D
HA
W
SI
HI
EAR
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LO
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ER
AS
RO
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HA T C H ST
MB
WE
6 Pembroke Row
BOUR
AD
NBR
LL
RE ET
R
WI
ER
Date: Q3 2021
CLA
TZ
LA
N E R OA D
Take-up: 27,557 sq ft
FI
ND
Station Building Two
T LOW
Tenant: OPW Connaught House
RO
Date: Q3 2021 Sector: State Date: Q3 2021
CH
AD
Block One, Ballsbridge Park
ER
Take-up: 15,425 sq ft
AR
Take-up: 5,306 sq ft
LE
Tenant: Fidelis Marketing Tenant: Phillip Lee Date: Q3 2021
M
Sector: Finance Charlemont House
O
Sector: Professional Services Price: €32,000,000
NT
Date: Q3 2021 NIY: 5.40%
ST
KEY Price: €6,925,000
140 Pembroke Road
Vendor: Intrust Properties E
NU
NIY: 4.85% Purchaser: Core Capital
One Park Place
E AVE
Date: Q3 2021
RA
Vendor: Kennedy Wilson
LETTINGS Date: Q3 2021 Take-up: 27,588 sq ft
NE
Purchaser: MKN
Take-up: 25,599 sq ft
TIN
LE
LA
INVESTMENTS Tenant: Bord Bia
Tenant: 2K Games ES
GH R
ON Sector: State
EN
DEVELOPMENTS Sector: TMT ST
P
UP
R
OA
SE
DART RAIL LINE PE
R
D
LUAS TRAM LINE
LUAS TRAM LINE8 9
SPECIAL FOCUS
OFFICE DEVELOPMENT
Delays to the delivery pipeline directly D U B L I N 2 L E A D S T H E W AY A S T H E O F F I C E
due to lockdowns and indirectly due
MARKET REBOUNDS
to challenges involved in making up
lost time, have impacted the amount of
space that has been able to be delivered
in 2021. Of the 1.8m sq ft that is due
A s the Dublin office market
rebounds, Dublin 2, the traditional
73% of the space completed in the office
market in Q3 is in Dublin 2, with the delivery
Looking at the same time frame, a
significant amount of what is currently
to complete, 1m sq ft is still due to be core of the office market is set to benefit of 135,000 sq ft at Fitzwilliam 28, which under construction in the area is already
delivered in Q4. from a minimum of 60% of total expected is pre-let to Slack, the largest building to pre-let. Furthermore, 29% of the space
take-up in 2021 and up to 75% depending complete in the market this quarter. A which has not commenced yet is also
67% of the 1.8m sq ft is pre-let. Pre- pre-let, considerably above the trend in
on whether or not all the space currently further 145,000 sq ft at Fitzwilliam 27 is due
Covid-19 there was over 2m sq ft due the wider market.
reserved closes in Q4. to complete by year-end.
to complete in the Dublin office market
Overall 31% of the total space in the
in 2021. Dublin 2 has on average, since 2010, The importance of this core city centre
pipeline in Dublin 2 is pre-let.
accounted for just over a third (35%) area is reflected in the fact that 40% of
Five buildings completed in Q3,
73%
The expectation is that occupier preference
of the space that has transacted in the Dublin’s total office market development
amounting to just over 300,000 sq ft, for space in Dublin 2 will remain strong
Dublin market each year. The ten largest pipeline between now and the end of 2025
62% of which is pre-let. and continue to lead the recovery.
deals in Dublin 2 since 2010 have totalled is located in Dublin 2.
Buildings completed in Q3 include close to 2m sq ft. This total will reach over
of the space completed in Q3
Fitzwilliam 28, Block B, Stemple 2.2m sq ft if two large deals which have
62%
is in Dublin 2 Largest office letting deals completed and agreed in Dublin 2
Exchange, 2 Cumberland Place, Two been agreed, close by the end of the year.
Clarendon Row and 50 City Quay. Between them, KPMG’s agreement to take S C A L E O F S PA C E
YEAR PROPERTY OCCUPIER SECTOR
TA K E N
Spencer Place and The Exo Building are Harcourt Square for its new headquarters
2019 2-4 Wilton Park LinkedIn TMT 400,000 plus
among the most notable buildings due of the space completed and Tik Tok’s agreement to occupy The
to complete in Q4, as are Fitzwilliam 27 in Q3 is pre-let Sorting Office equate to 500,000 sq ft. 2021* Harcourt Square* KPMG Professional Services 300,000 plus
benefit from almost 630,000 sq ft of this
and One Wilton Park. 2021* The Sorting Office* TikTok TMT 200,000-250,000
new space. The two largest schemes - Dublin 2 has been the least impacted by
2017 100 & 300 Capital Dock Indeed.com TMT 200,000-250,000
Boland’s Quay and Fibonacci Square, Covid-19 in terms of a fall-off in letting
OUTLOOK 2019 Block 2, Charlemont Square Amazon TMT 150,000-200,000
both of which are pre-let, make up 93% activity, which reflects a similar trend to
Q4 is set to be a busy one for the of that new space. previous shocks to the market. 2017 One Wilton Park LinkedIn TMT 150,000-200,000
construction sector as developers seek 2017 Block 1, Miesian Plaza OPW State 100,000-150,000
There are only two schemes larger than The area is dominated largely by
to meet new deadlines. 73% of the space 2020 Fitzwilliam 28 Slack TMT 100,000-150,000
100,000 sq ft and which are not pre-let, Professional and Financial services
due to complete in Q4 2021 is pre-let. 2014 10 Earlsfort Terrace Arthur Cox Professional Services 100,000-150,000
due to complete in 2022 – 1 Charlemont companies, some of which have
There is 1.9m sq ft in the pipeline for Square, Dublin 2 and Le Pole Square, headquarter office buildings largely 2017 200 Capital Dock JP Morgan Finance 100,000-150,000
delivery in 2022, with Dublin 4 set to Dublin 8. clustered on or close to Molesworth St, 2014 5 Grand Canal Square Facebook TMT 100,000-150,000
St. Stephen’s Green, Harcourt and Hatch 2017 EMEA HQ LinkedIn TMT 100,000-150,000
Streets (including AIB, EY, Deloitte,
* deals agreed
Arthur Cox and Maples). The largest
office letting deal agreed in 2021 is the Dublin 2 take-up
letting of Harcourt Square to KPMG for its
BUILDINGS COMPLETED IN Q3 2021 new headquarters.
Dublin 2 All Dublin market take-up % Take-up in Dublin 2
4,000,000 80%
BUILDING SIZE, SQ FT uu
3,500,000 70%
uu
FITZWILLIAM 28, DUBLIN 2 135,000
Dublin’s office supply 3,000,000 60%
BLOCK B, STEMPLE EXCHANGE, DUBLIN 15 82,570 pipeline has been Dublin 2 is expected 2,500,000 50%
2 CUMBERLAND PLACE, DUBLIN 2 58,000 significantly impacted to account for the 2,000,000 Forecast
40%
by Covid-19 lockdowns majority of total market 1,500,000 30%
TWO CLARENDON ROW, DUBLIN 2 26,000
take-up in 2021 1,000,000 20%
50 CITY QUAY, DUBLIN 2 4,500
uu 500,000 10%
uu 0 0%
Source: Knight Frank Research
2015 2016 2017 2018 2019 2020 2021f
Source: Knight Frank Research10 11
INVESTMENT MARKET are underwritten with leases to the State with launched to the market in September, and
Transport Infrastructure Ireland occupying PWC’s headquarters in the North Docklands
€133.4 million worth of office investments the former and the OPW the latter. which are guiding €395 million and €265
transacted in Dublin in Q3, bringing the million respectively. Other assets worth
Supported by the current low interest rate
total for the first nine months of the year noting include Flutter Entertainment’s
environment, a significant weight of capital
to €771.6 million - more or less in line headquarters at Blocks 1-3 Founders District
is chasing opportunities in Dublin with
with the €835.1 million that was sold and Airbnb’s headquarters at 8 Hanover
new, sustainably certified assets with strong
during the same period in 2020. Quay which are being sold for €105.0
covenants in the best locations high on
million and €41.5 million each, at yields of
Domestic investors accounted for 55% the agenda. While prime yields remained
4.40% and 3.73% respectively.
of the investment spend in Q3 with the stable at 4.00% in Q3, the sale of an asset
largest transaction being the acquisition with the aforementioned features is likely
of Block One, Ballsbridge Park by Core to command a yield below this level. The uu
Capital for €32 million, representing a gradual easing of restrictions throughout
While not all of these will
net initial yield of 5.40%. International the summer has given further confidence
transact by year-end, office
investors comprised the remaining 45% to sellers in relation to the depth and
investment volumes are
with European buyers particularly active. transactional capacity of investors and has
expected to finish the year
Union Investment acquired Units A & resulted in a multitude of large lot-sized
strongly, exceeding the €1.2
B, Parkgate Business Centre for €24.3 assets being brought to the market or readied
billion that transacted in
million which achieved a yield of 4.95%, for sale which if transacted could provide
2020 and potentially reaching
while Sofidy acquired its first office asset market evidence of yield compression.
€1.5 billion by year-end.
in the Dublin market by purchasing
These include Facebook’s new European
76-78 Harcourt Street for €21.2 million uu
headquarters in Ballsbridge, which was
representing a yield of 4.33%. Both assets
Profile of Investors TOP 5 OFFICE INVESTMENT TRANSACTIONS
by location
PRICE
PROPERTY VENDOR BUYER YIELDS
IRISH 55% € MILLION
BLOCK ONE, BALLSBRIDGE INTRUST
CORE CAPITAL €32,000,000 5.40%
PARK, DUBLIN 4 PROPERTIES
EUROPE 34%
BLOCKS A & B, PARKGATE UNION
BLACKSTONE €24,330,000 4.95%
BUSINESS CENTRE, DUBLIN 8 INVESTMENT
2015 | £31BN
76-78 HARCOURT STREET,
HENDERSON PARK SOFIDY €21,200,000 4.33%
DUBLIN 2 2019 | £51BN
AVESTUS CAPITAL
P2 EASTPOINT, DUBLIN 3 PRIVATE IRISH €15,000,000 7.56%
PARTNERS & ARES
UNITS 5 & 9, RICHVIEW EAGLE STREET
IPUT €15,000,000 9.52%
OFFICE PARK PARTNERS
Source: Knight Frank Research
Dublin office investment volumes (€ billions)
UK 11% 3.1BN
Source: Knight Frank Research
2.1BN
55%
1.9BN
Forecast
2020 | £58BN
1.4BN
1.3BN 1.5BN
1.1BN 2025 | £71BN 1.2BN
0.8BN
2013 2014 2015 2016 2017 2018 2019 2020 2021f
invested by domestic buyers Source: Knight Frank ResearchOccupier Trends Investment Trends Market Outlook Please get in touch with us
Dublin PRS Dublin Office
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Occupier Study Market Overview
Research 2021 Research, Q1 2021
Research Offices
Special Focus: Key Occupier Trends of the Future
IN ASSOCIATION WITH
Joan Henry, Chief Economist & Declan O’Reilly, Director
Head of Research declan.oreilly@ie.knightfrank.com
joan.henry@ie.knightfrank.com
Paul Hanly, Director
Dublin PRS Occupier Dublin Office Market
Study 2021 Overview Q2 2021 Robert O’Connor, Senior Research Analyst paul.hanly@ie.knightfrank.com
robert.oconnor@ie.knightfrank.com
Jim O’Reilly, Director
Occupier Trends Investment Trends Market Outlook
Capital Markets jim.oreilly@ie.knightfrank.com
Ireland
knightfrank.com/research
Investment Adrian Trueick, Director Daniel Shannon, Director
Market Overview
adrian.trueick@ie.knightfrank.com daniel.shannon@ie.knightfrank.com
Research, Q2 2021
Special Focus – The rise of sustainable real estate in Dublin’s
Office Investment Market
Peter Flanagan, Director Gavin Maguire, Associate Director
New Homes peter.flanagan@ie.knightfrank.com gavin.maguire@ie.knightfrank.com
Construction Survey
2021
Ross Fogarty, Director
Dublin Investment Market New Homes Construction
Overview Q2 2021 Survey 2021 ross.fogarty@ie.knightfrank.com
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