Coworking in Ireland: A Thriving Ecosystem
Ireland, with its rich history and booming tech scene, has witnessed a significant surge in the demand for coworking spaces. The country's entrepreneurial ecosystem, combined with its strategic location in Europe, has made it a hotspot for startups, freelancers, and businesses seeking flexible workspace solutions. Here's a closer look at the coworking landscape in Ireland:
Doubling the Growth #
According to a report by Workthere, Ireland is set to double the growth of its flex workspace's new capacity development in 2023. In the previous year, over 10,000 sqm of new serviced office buildings opened in the country. Impressively, more than 20,000 sqm are scheduled to open this year.
Key Local Players #
While international brands have made their mark in the Irish coworking scene, it's the local operators that have been at the forefront of this growth:
- Iconic Offices: A prominent name in the Irish coworking scene, Iconic Offices offers a range of flexible workspace solutions tailored to the needs of businesses and individuals. Iconic Offices
- Glandore: Known for its upscale spaces and premium amenities, Glandore has established itself as a go-to destination for businesses seeking a luxurious coworking experience. Glandore
- Grafter: A relatively new entrant, Grafter has quickly gained popularity for its innovative approach to coworking, offering spaces that foster collaboration and creativity. Grafter
Occupancy Levels #
The average daily occupancy levels in flex spaces stand at an impressive 81%, indicating the high demand for such spaces. This is in contrast to conventional offices, which have lower occupancy levels, although these are on the rise.
The Road Ahead #
The coworking industry in Ireland is poised for further growth. With the increasing number of startups and the shift towards flexible work arrangements, the demand for coworking spaces is expected to rise. The country's strategic location, coupled with its vibrant entrepreneurial ecosystem, makes it a prime destination for coworking in Europe.
This overview offers a snapshot of the burgeoning coworking scene in Ireland. As the industry continues to evolve, Ireland is set to witness an influx of innovative coworking spaces that cater to a diverse clientele, from freelancers to established businesses.
