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🇮🇪 Ireland sees 30% growth in flex desk demand
Kim Hogan from Savills shares research from Workthere regarding the Irish market.
In 2025, demand Expand 👇 for flex space remained resilient, with a 30% year on year bump in the transacted desk volume. Average occupancy? Holding steady at 82%. Looking ahead, 90% of operators hope to expand their portfolios.
Kim Hogan from Savills shares research from Workthere regarding the Irish market.
In 2025, demand Expand 👇 for flex space remained resilient, with a 30% year on year bump in the transacted desk volume. Average occupancy? Holding steady at 82%. Looking ahead, 90% of operators hope to expand their portfolios.
✅ What is the most in-demand flex product?
Frank Cottle shares new global data from Workthere and Savills that highlights that meeting rooms Expand 👇 are now the most sought-after feature among flex office users.
Frank Cottle shares new global data from Workthere and Savills that highlights that meeting rooms Expand 👇 are now the most sought-after feature among flex office users.
🌏 The latest desk rates out of Asia
Piers Mallitte at Workthere share that they have created an average desk price map for key cities Expand 👇 across the Asia-Pacific region to help businesses considering office space in unfamiliar markets. The resource provides guide prices for private office desk costs in USD, based on market information from Workthere and Savills.
Piers Mallitte at Workthere share that they have created an average desk price map for key cities Expand 👇 across the Asia-Pacific region to help businesses considering office space in unfamiliar markets. The resource provides guide prices for private office desk costs in USD, based on market information from Workthere and Savills.
🇮🇪 75% of flex transactions were in Dublin 2
Kim Hogan shares data out of Workthere Ireland that notes that 75% of flex space transactions in Expand 👇 Dublin during 2024 were focussed in the popular Dublin 2 area.
They also note that tech companies made up 36% of the take-up, followed by professional services at 24%, and financial services at 12%. The majority of deals involved SMEs looking for offices with up to 25 desks, reflecting the hybrid working trend and the use of shared amenities on busier days.
Kim Hogan shares data out of Workthere Ireland that notes that 75% of flex space transactions in Expand 👇 Dublin during 2024 were focussed in the popular Dublin 2 area.
They also note that tech companies made up 36% of the take-up, followed by professional services at 24%, and financial services at 12%. The majority of deals involved SMEs looking for offices with up to 25 desks, reflecting the hybrid working trend and the use of shared amenities on busier days.
🇬🇧 UK demand down 10% but closed transactions up by 35%
Cal Lee from Workthere shared their UK H2 flex market update. In it they highlight that it appears Expand 👇 the quality of demand is improving, given the volume is down but close-rate is up.
Average desk price for London remained stable at £776 (£209 p/sqft), whereas there was 17% increase in desk prices outside of London, rising to £384 per desk per month (£98 p/sqft). Interestingly initial term length went up from 13.1 months to 15.8 months – which they note is due to a rise in more managed space deals with longer contract lengths.
Cal Lee from Workthere shared their UK H2 flex market update. In it they highlight that it appears Expand 👇 the quality of demand is improving, given the volume is down but close-rate is up.
Average desk price for London remained stable at £776 (£209 p/sqft), whereas there was 17% increase in desk prices outside of London, rising to £384 per desk per month (£98 p/sqft). Interestingly initial term length went up from 13.1 months to 15.8 months – which they note is due to a rise in more managed space deals with longer contract lengths.
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