The worst is behind Dublin’s office sector, but the market needs speculative development and international capital, according to Eagle Street Partners CEO Shane Scully.
Speaking at the Bisnow Dublin Real Estate Outlook 2025 event last week, he said that in terms of attracting overseas investment, Ireland had a “good story to tell” and that in uncertain times, most investors are looking for stability, long-term acquisitions and a “boring investment environment.”
Scully said he believes the sales process at North Docks, the project jointly owned by NAMA and Oaktree Capital Management that failed to garner a bid last summer, reflected the market’s trough.
“I think the bad news is behind…