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CBRE reported Dublin office vacancy rising to 8.64% at end of Q3 from 6.65% at end of Q2, an increase of 199 bps. The uptick suggests softening demand for office space and a cautious near-term outlook for commercial real estate leasing conditions.

Analysis

CBRE reported Dublin office vacancy rising to 8.64% at end of Q3 from 6.65% at end of Q2, an increase of 199 bps. The uptick suggests softening demand for office space and a cautious near-term outlook for commercial real estate leasing conditions.

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Market Sentiment

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mildly negative

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