Converting modern offices into apartment blocks is problematic, but older buildings from the 1970s and 1980s could be repurposed for housing, according to RKD, a leading Dublin architecture firm.
Darragh O’Brien, the Minister for Housing, has written to Simon Coveney, the Minister for Enterprise, in a bid to secure support for a scheme that would allow office owners to repurpose unused buildings for housing. In January, data published by Lisney, the real estate agency, said so-called grey space, which is surplus office accommodation advertised to be sub-let, currently accounts for about 32 per cent of all available supply. It added that the overall office vacancy rate in Dublin now stands at around 13 per cent.
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