Gehen Sie mit der App Player FM offline!
What will happen to Dublin’s empty office blocks?
Manage episode 434092448 series 2930202
Dublin’s office market is likely to get worse before it gets better with no relief in sight until 2027 amid a collapse in demand and a glut of new developments coming on stream. The Central Bank has aired its concerns over the situation. So will there by a crash in the office market sector and what might that mean for the economy?
John McCartney from BNP Paribas Real Estate explains why the fall in demand is part of a cycle and explores the forces – including troubles in the ICT sector and post-pandemic WFH – that have brought us to this tipping point.
Irish Times columnist Una Mullally is in no doubt that the crash has already begun and that poor planning has blighted Dublin with empty newly-built office blocks dotting the city while housing is so desperately needed.
Both explain where they are coming from and how we can move on.
Presented by Bernice Harrison. Produced by Suzanne Brennan. This episode was originally published in March 2024.
Hosted on Acast. See acast.com/privacy for more information.
641 Episoden
Manage episode 434092448 series 2930202
Dublin’s office market is likely to get worse before it gets better with no relief in sight until 2027 amid a collapse in demand and a glut of new developments coming on stream. The Central Bank has aired its concerns over the situation. So will there by a crash in the office market sector and what might that mean for the economy?
John McCartney from BNP Paribas Real Estate explains why the fall in demand is part of a cycle and explores the forces – including troubles in the ICT sector and post-pandemic WFH – that have brought us to this tipping point.
Irish Times columnist Una Mullally is in no doubt that the crash has already begun and that poor planning has blighted Dublin with empty newly-built office blocks dotting the city while housing is so desperately needed.
Both explain where they are coming from and how we can move on.
Presented by Bernice Harrison. Produced by Suzanne Brennan. This episode was originally published in March 2024.
Hosted on Acast. See acast.com/privacy for more information.
641 Episoden
Toate episoadele
×Willkommen auf Player FM!
Player FM scannt gerade das Web nach Podcasts mit hoher Qualität, die du genießen kannst. Es ist die beste Podcast-App und funktioniert auf Android, iPhone und im Web. Melde dich an, um Abos geräteübergreifend zu synchronisieren.