Rent growth calms as office stock rises in Cork city centre

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.

And, the same Lisney agents’ research also reports strong rent recovery on the city’s South Mall, even among much older office stock, once it is refurbished and upgraded.