Office take-up in Dublin may be half this year's forecast due to Covid-19

IPUT plc (‘IPUT’), Ireland's leading property company and the largest owner of offices and logistics assets in Dublin, has pre-let the remaining 430,000 sq. ft. of office space at Wilton Park on a 25-year lease, with a term certain of 12 years, to LinkedIn, the world’s leading professional network. Construction at Two, Three & Four Wilton Park will commence in 2020 and is targeted for completion in 2023.

TAKE up of office space in Dublin this year is likely to be half the amount  forecast as recently at the start of this year, due to the impact of the Covid-19 virus, which is also expected to badly affect the co-working niche sectors.