Full coverage: Office

As CEO of CBRE Ireland, Myles Clarke works at the coalface of the embattled commercial property sector. The former RBS banker acknowledges the market strain, but is bullish about the country’s prospects – if it manages to fix the housing crisis.

The Central Bank’s latest financial stability review has raised risks in the commercial real estate sector, where international and non-bank lenders play increasing roles. Deputy governor Vasileios Madouros gives his assessment.

Selling two small offices to move into a big one seems to be the best way of navigating current commercial property uncertainty, if the successful Dublin firm’s multi-million-euro property deals are any indication.

School friends Bob Manson and Thomas Lenehan launched their serviced office company at the height of the Celtic Tiger. They talk about surviving the subsequent crash, navigating Covid-19, and working with both multinational and indigenous firms as they scale.

The French investment giant has €6 billion in assets under management and is voraciously eating up premium office spaces in Ireland, despite the drag on market sentiment.

Hammerson, the UK property investor behind the Dundrum Town Centre, has narrowed its losses in its retail portfolio. But recent actions suggest it is taking a firm line on rent arrears.