Dublin:

Population & Landmark…

Dublin is located on the east coast of Ireland. For much of the first part of the 20th century, Dublin was involved in a messy and violent relationship with Britain. Nowadays, the city is well-known as the “capital of Euro-cool”. The City of Dublin is the area administered by Dublin City Council, which includes the adjacent areas of Dun Laoghaire-Rathdown, Fingal and South Dublin. Together the four areas form the traditional County Dublin. The population of the administrative area of the County Dublin is 1,186,159. The city’s population is expanding rapidly and is estimated by the CSO that it would reach 2.1 million by 2021.

Economy…

Dublin is an economic, administrative and cultural centre on the east coast of Ireland. The City is an emerging global city and has one of the fastest growing populations of any European capital city. Banking, Finance and commerce are important in Dublin. The IFSC alone handles over €1 trillion a year. Many international firms have established major headquarters in the city such as Citibank, Commerzbank and many more. The economic boom years have led to a sharp increase in construction, which is now also a major employer, as of 2007. Redevelopment is taking place in large projects such as Dublin Docklands, Spencer Docks and others, transforming once run-down industrial area in the city centre.

Office Rental Levels…

Dublin’s office market hasn’t been affected by the current poor economic situation. Dublin office market has had a strong lat quarter in 2007 as the commercial property sector continues to slow down. As per CB Richard Ellis in Dublin, more than 2.1 million square feet of office space has been let in the first nine months of 2007, which is above the ten-year annual average take up of 1.6 million square feet. In the first quarter of 2008, almost 49,000 square feet of office lettings have been signed, which is a level of take up that is higher than the five-year average for Q1 take up in Dublin. The take up of the first quarter of 2008 was mostly thanks to small to medium lettings, suggesting that the market is not entirely reliant on corporate lettings. There is so far no discernable impact on the demand for office space in the Dublin market since the beginning of the year.

Transport…

Dublin is the main hub of the country’s road network. Commuting in and out of the city has been made easier thanks to a great Road network and Metro. Dublin has an International airport which offers flights to any UK and EU main cities. The airport is located 7 miles north of the city centre. A typical flight between Dublin and London would approximately take about 35 minutes. Dublin has two main train stations, Connolly Station on Amiens Street, in the centre, and Heuston Station by the Quays. The stations serve all main Irish cities, such as Belfast or Galway. Dublin also has two main ports, with a series of harbours. Dublin Ferry Port is on Alexandra Road in the east, while Dun Laoghaire Harbour, on Westmoreland Street is located 9 miles south of the city. The Tourism, Attractiveness of the city… Dublin is a place where Irish tradition and cultural heritage have merged seamlessly over the centuries to create an atmosphere simply unique. The city is attracting the youngest population in Europe but has kept its fascinating blend of tradition and contemporary Irish life. Dublin is renowned world wide as a city of writers and literature, home to such literary pens as Joys, Shaw and many more. Dubliners are big sports fans and throughout the year visitors can experience the passion of Gaelic Games in Croke Park, the thrill of a race meeting in Leopardstown or a rugby match. Dublin is a city on the rise.

Useful Links…

Dublin City Guide: www.cityguide.travel-guides.com

Dublin City Council: www.dublincity.ie

Chamber of Commerce: www.dubchamber.ie

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