Trade Turmoil Spooks Global Firms Looking to Lease Irish Offices
Irish commercial property brokerage Lisney had just clinched a deal for a US pharmaceutical company to lease office space for as many as 100 workers in suburban Dublin and were ready to sign the lease in April. Then came US President Donald Trump's tariffs announcement, and the deal toppled.
The company eventually returned but signed a deal to lease around 5,000 square feet (465 square meters), down from the 15,000 square feet it initially wanted, according to Paul Hipwell, senior director in Lisney's office agency. Now, only as many as 40 workers will fill its new offices at Channor Real Estate Group's Plaza 211.
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