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O’Donnellan & Joyce experience period of transformation in office leasing for 2026

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The Galway office market is currently experiencing a period of transformation, driven as much by sustainability requirements as by traditional occupier demand. Average rental rates for good quality or secondary office space sit in the mid to high €20s per sq.?ft., with secondary A-rated stock typically quoting €28 to €32 per sq.?ft. By contrast, newly developed, high-specification city centre buildings are commanding approximately €40 per sq.?ft. for large floorplates, by Galway standards.

 

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