Oireachtas Joint and Select Committees

Thursday, 12 May 2016

Committee on Housing and Homelessness

National Asset Management Agency

10:30 am

Mr. Brendan McDonagh:

The cost of building really has not changed that much for a commercial building; it is typically around €35 per square foot. Much of that is a factor of demand in the market. There has been a great deal of FDI. People are coming in and renting the space. There is a lot of new product in the pipeline, which will become available from 2018 onwards, but until that becomes available, there is an issue about commercial office space in Dublin. I think they are all the Deputy's questions.

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