28/02/2024

2023 was an exciting year for the flexible office sector in Ireland, with 13 new buildings opening space across the region. With average building occupancy standing at 85%, we saw an increased demand for collaboration space and a high demand for flex space from the financial sector. Take a look below at the highlights from our research on Ireland’s flexible office sector in 2023. 

Our Key Highlights

  1. Avg member life span of 18 months
  2. Avg desk price in D2 €668 (ex VAT)
  3. Avg building occupancy at 85%

Use of Space

In Ireland, 78% of providers said that occupiers were using their spaces 3 times per week, with the next highest being 4 days a week at 19%.

Member Profile

In Ireland, the top sector demanding flexible office space was the financial sector accounting for 27% of respondents' demand. This was followed by Tech companies at 25% and business products and services at 23%.

Current Demands in Flex

In Ireland, there is a clear demand for additional spaces outside of the office, with the most demanded feature being meeting rooms (34%). The second most popular was collaboration space/breakout space (27%) followed by phone booths (25%).

Future of Flex

In terms of what providers thought would be the future of flex, the top 3 options for Ireland were, spaces centred on lifestyle and design, zero-carbon operational spaces, and the retrofitting of older buildings.

Looking for a Flexible Office Space in 2024?

Start searching