This brings total take-up for the first nine months of the year to 135,125 sq.m which is a decline of 32% relative to the same period in 2019. There were 29 lettings completed during Q3, up from just 13 in Q2, while the average deal size was low at just 735 sq.m.
The largest letting of the quarter saw Microsoft take 4,080 sq.m across three floors at No. 3 Dublin Landings. This is an interesting move for Microsoft, who have been based in Sandyford / Leopardstown since entering the Irish market in 1985, as it is their first official city centre office location. The letting at Dublin Landings will bring the total amount of office space occupied by Microsoft in Dublin to more than 30,000 sq.m.