Delivery of new office stock in Cork city looks set to calm recent rent growth, with current peaks now standing at €350 per square metre or €32.50 per square foot, according to a new specialist sector report.

A building on Cork’s South Mall up for let could be a good bet — previous uses have include a stockbrokers on the ground floor and a casino on its upper levels.

Further office sales and investments beckon on Cork city’s South Mall traditional offices heartland, hot on the heels of a building investment sale by Allsops last month, for €1.4million.

Hibernian House is one of the largest office blocks in Cork City’s South Mall and is for sale at c. €4m.

MORE musical chairs in train along Cork city’s South Mall, where ground floor showroom/offices come up to let at a competitive €18 per square foot — just a shade under the €15 psf quoted for larger overhead first and second floor space.