Stripe deal pushes Dublin office market to strong second quarter

The Irish Times - 08/07
JLL Ireland says Dublin is still facing an elevated vacancy rate at 15.7% and activity remains focused on Dublin 2 and 4

Leasing activity in the Dublin office market surged in the second three months of the year, according to a new study.

The research from JLL Ireland shows that leasing activity more than doubled over the same period last year and, in volume terms, was 335.4 per cent ahead of the first three months of the year, with 919,000 square feet let.

The largest deal in the period involved payments group Stripe, which signed for 156,000sq ft of office space at Wilton Park One, making it the biggest single office leasing since the fourth quarter of 2022 and a multiple of the biggest transaction in the first three months of 2024.

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