Belfast Telegraph

Lack of office space has seen Dublin miss out on investment

By Peter Flanagan

Dublin has lost out on two foreign direct investment projects in recent times because of a lack of office space, it's been claimed.

John Moran, who leads the Irish arm of property broker JLL, told a Dublin Chamber of Commerce briefing that two companies who had looked at Ireland for investment switched to other countries due in part to the cost and shortage of office space here.

An IDA spokesman, however, said foreign firms continue to find space here.

Meanwhile, Cork risks missing out on up to 1,000 jobs after a planning application for the first building at the proposed Cork Science Park was turned down.

The park could provide 1,000 jobs for the area and a €35m (£24.6m)-a-year boost to the local economy within the next five to ten years.

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