Dublin ranks well in office rental costs

Dublin has been ranked in the top 15 cities in the world with regard to decreases in office rental costs.

A study by international commercial property consultancy CBRE shows that Dublin is outside of the 50 most expensive global cities in which to rent office space.

A 5.9% decline in average office occupancy costs, coupled with an 8.4% fall in prime office rents in the past 12 months, has seen Dublin ranked 12th in the report’s ‘Top 15 Decreases’ list.