Dublin becomes more attractive to multinationals as office rents drop 30%

DUBLIN has become a significantly more attractive location for multinational companies in light of the cost of occupying office buildings in the capital falling by just under 30% over the last 12 months.

A new international survey from property company, DTZ Sherry FitzGerald shows that Dublin has gone from being the 20th most costly place to set up an office in 2008 to the 33rd most expensive location asof the end of last year.

The improvement puts the capital on a par with leading European cities such as Amsterdam, Rome and Stockholm for foreign direct investment hub choices.