Following on from yesterday’s blog on traders shutting up shop due to high rent rates the latest Irish Auctioneers & Valuers Commercial Market briefing has said that annual take-up levels of office space in the big smoke is likely to drop by a whopping 75% this year.
The drop sees us going from an all-time high of 300,000sqm …
It was only back in October that a property company revealed Grafton Street to be the 4th most expensive retail street in Europe. With rents of up to €4,430 per sq m, the street follows the Champs Elysee in Paris and New Bond Street in London.
But now the massive rents have crept a little bit further up the street and into St. …
Even with a recession Cork doesn’t stop! Just over 2 weeks ago Cork City Council approved planning for a huge overhaul of the city’s docklands.
Christened the “Atlantic Quarter” it is said to be one of the countries largest EVER developments. On the site of the former Ford distribution plant and right beside Pairc …
