{"id":10640,"date":"2017-01-09T11:00:38","date_gmt":"2017-01-09T11:00:38","guid":{"rendered":"http:\/\/www.instantoffices.com\/blog\/?p=10640"},"modified":"2017-05-10T14:57:47","modified_gmt":"2017-05-10T14:57:47","slug":"dublin-serious-challenger-london","status":"publish","type":"post","link":"https:\/\/www.instantoffices.com\/blog\/flexible-workspace\/dublin-serious-challenger-london\/","title":{"rendered":"Why Dublin is Becoming a Serious Challenger to London"},"content":{"rendered":"<p>Among the popular bars, fine dining and historical landmarks of <a href=\"http:\/\/www.instantoffices.com\/en\/ie\/office-space\/dublin\" target=\"_blank\">Dublin<\/a> is a flexible workspace market which is not only diverse in its offering, but becoming increasingly popular for both local, and international businesses.<\/p>\n<p>It is no secret that with the UK\u2019s decision to leave the EU, Dublin has become increasingly attractive for a number of businesses looking at new locations for their European headquarters. Recent reports show that over 12 million sq. ft. of office space is <a href=\"http:\/\/www.irishtimes.com\/business\/commercial-property\/planned-dublin-office-space-enough-to-house-brexit-migration-1.2862656\" target=\"_blank\">set to hit the Dublin market over the next five years<\/a>, to cater for the expected increase in demand, post-Brexit.<\/p>\n<p>Flexible workspace centres across Dublin boast occupancy levels of around 90%. They charge top-end rates of up to \u20ac900 per workstation, which is a rate comparable to most areas in central London.<\/p>\n<p>Having said this with an average desk rate that currently sits at around half of this figure for the market as a whole, there is a variety of space in the city to suite a wide range of budgets and size requirements.<\/p>\n<p>In terms of the type of companies looking for space, there is a real variety from health supplement suppliers, to law firms and everything in between.<\/p>\n<p>There has been a recent increase in the number of technology firms, some of whom now occupy entire floors of flexible workspace. Other sectors which have seen an increase are the legal and financial sectors, as <a href=\"https:\/\/www.ft.com\/content\/a3a92744-3a52-11e6-9a05-82a9b15a8ee7\" target=\"_blank\">reported in the Financial Times<\/a> back in June last year.<\/p>\n<p>This is mainly due to the lowest corporation tax rate of major European countries. Combined with the referendum result it has meant that many of these firms have started shifting operations out of the UK to the closest EU hubs, Dublin being one of them along with Paris and Frankfurt.<\/p>\n<p>However, it is not just UK based companies that are seeking homes in these EU hubs, a number of large US firms looking to establish themselves in Europe are also flocking to these EU cities as opposed to London.<\/p>\n<p>The office space providers in Dublin are by no means standing still.<\/p>\n<p>With this increase in demand, a number of these office space providers will look to grow their flexible workspace portfolio to match the demand from these new exciting client entrants into the market throughout 2017 and beyond.<\/p>\n<h2>Five of our favourite spaces in Dublin right now:<\/h2>\n<p><a href=\"http:\/\/www.instantoffices.com\/en\/ie\/available-office-space\/dublin\/merrion-square-south-27290\" target=\"_blank\"><strong>Merrion Square<\/strong><\/a> \u2013 Dublin 2 \u2013 Within easy walking distance of St Stephens Green, and Fitzwilliam Square, this fully serviced building has an abundance of character to impress clients.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-10677\" src=\"http:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Merrion-Square.jpg\" alt=\"merrion-square\" width=\"850\" height=\"478\" srcset=\"https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Merrion-Square.jpg 850w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Merrion-Square-300x169.jpg 300w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Merrion-Square-768x432.jpg 768w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.instantoffices.com\/en\/ie\/available-office-space\/dublin\/fitzwilliam-place-central-dublin-12382\" target=\"_blank\"><strong>Fitzwilliam Place<\/strong><\/a> \u2013 This landmark Georgian building has views of the canal and is just a short walk from Grand Canal Station. The design-led offices are equipped with the most up-to-date technology.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-10678\" src=\"http:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Fitzwilliam-Place.jpg\" alt=\"fitzwilliam-place\" width=\"850\" height=\"478\" srcset=\"https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Fitzwilliam-Place.jpg 850w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Fitzwilliam-Place-300x169.jpg 300w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Fitzwilliam-Place-768x432.jpg 768w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.instantoffices.com\/en\/ie\/available-office-space\/dublin\/arena-road-9682\" target=\"_blank\"><strong>Sandyford<\/strong><\/a> \u2013 This purpose-built building offers a wide range of flexible office space for up to 50 people, just six miles south of the city centre on the popular Sandyford Industrial Estate.<\/p>\n<p><a href=\"http:\/\/www.instantoffices.com\/en\/ie\/available-office-space\/dublin\/arena-road-9682\" target=\"_blank\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-10674\" src=\"http:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Sandyford.jpg\" alt=\"Sandyford Office Space - Instant Offices\" width=\"850\" height=\"478\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.instantoffices.com\/en\/ie\/available-office-space\/dublin\/marine-road-22739\" target=\"_blank\"><strong>Marine Road<\/strong><\/a>, Dun Laoghaire \u2013 Away from the hustle and bustle of central Dublin this centre provides lovely sea views and specialises in the provision of self-contained one, two and three person offices.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10681\" src=\"http:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Marine-Road.jpg\" alt=\"marine-road\" width=\"850\" height=\"478\" srcset=\"https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Marine-Road.jpg 850w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Marine-Road-300x169.jpg 300w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Marine-Road-768x432.jpg 768w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.instantoffices.com\/en\/ie\/available-office-space\/dublin\/ormond-quay-upper-25934\" target=\"_blank\"><strong>Ormond Quay<\/strong><\/a> \u2013 Surrounded by a great local legal community this historic commercial location provides lovely cityscape views from a choice of fully furnished and equipped office space and executive private suites.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10682\" src=\"http:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Ormond-Quay.jpg\" alt=\"ormond-quay\" width=\"850\" height=\"478\" srcset=\"https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Ormond-Quay.jpg 850w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Ormond-Quay-300x169.jpg 300w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2017\/01\/Ormond-Quay-768x432.jpg 768w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>To search over 70 locations across Dublin <a href=\"http:\/\/www.instantoffices.com\/en\/ie\/office-space\/dublin\" target=\"_blank\">click here<\/a><br \/>\n&nbsp;<\/p>\n<div style=\"background-color: #b3d334; padding: 20px 0;\">\n<h2 style=\"text-align: center; margin-bottom: 0;\"><strong>Looking for Office Space?<\/strong><\/h2>\n<p style=\"text-align: center; margin-top: 0;\"><span style=\"color: #000000;\">We Operate in Some of the World&#8217;s Top Cities:<\/span><\/p>\n<p style=\"text-align: center;\"><a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/gb\/office-space\/london\">London<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/us\/office-space\/new-york-city\">New York<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/us\/office-space\/san-francisco\">San Francisco<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/fr\/office-space\/paris\">Paris<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/sg\/office-space\/singapore\">Singapore<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/hk\/office-space\/hong-kong\">Hong Kong<\/a>,<br \/>\n<a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\">Search more locations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Among the popular bars, fine dining and historical landmarks of Dublin is a flexible workspace market which is not only diverse in its offering, but becoming increasingly popular for both local, and international businesses. It is no secret that with the UK\u2019s decision to leave the EU, Dublin has become increasingly attractive for a number of businesses looking at new locations for their European headquarters. Recent reports show that over 12 million sq. ft. of office space is set to hit the Dublin market over the next five years, to cater for the expected increase in demand, post-Brexit. Flexible workspace centres across Dublin boast occupancy levels of around 90%. They charge top-end rates of up to \u20ac900 per workstation, which is a rate comparable to most areas in central London. Having said this with an average desk rate that currently sits at around half of this figure for the market as a whole, there is a variety of space in the city to suite a wide range of budgets and size requirements. In terms of the type of companies looking for space, there is a real variety from health supplement suppliers, to law firms and everything in between. There has been a recent increase in the number of technology firms, some of whom now occupy entire floors of flexible workspace. Other sectors which have seen an increase are the legal and financial sectors, as reported in the Financial Times back in June last year. This is mainly due to the lowest corporation tax rate of major European countries. Combined with the referendum result it has meant that many of these firms have started shifting operations out of the UK to the closest EU hubs, Dublin being one of them along with Paris and Frankfurt. However, it is not just UK based companies that are seeking homes in these EU hubs, a number of large US firms looking to establish themselves in Europe are also flocking to these EU cities as opposed to London. The office space providers in Dublin are by no means standing still. With this increase in demand, a number of these office space providers will look to grow their flexible workspace portfolio to match the demand from these new exciting client entrants into the market throughout 2017 and beyond. Five of our favourite spaces in Dublin right now: Merrion Square \u2013 Dublin 2 \u2013 Within easy walking distance of St Stephens Green, and Fitzwilliam Square, this fully serviced building has an abundance of character to impress clients. &nbsp; Fitzwilliam Place \u2013 This landmark Georgian building has views of the canal and is just a short walk from Grand Canal Station. The design-led offices are equipped with the most up-to-date technology. &nbsp; Sandyford \u2013 This purpose-built building offers a wide range of flexible office space for up to 50 people, just six miles south of the city centre on the popular Sandyford Industrial Estate. &nbsp; Marine Road, Dun Laoghaire \u2013 Away from the hustle and bustle of central Dublin this centre provides lovely sea views and specialises in the provision of self-contained one, two and three person offices. &nbsp; Ormond Quay \u2013 Surrounded by a great local legal community this historic commercial location provides lovely cityscape views from a choice of fully furnished and equipped office space and executive private suites. &nbsp; To search over 70 locations across Dublin click here &nbsp; Looking for Office Space? We Operate in Some of the World&#8217;s Top Cities: London, New York, San Francisco, Paris, Singapore, Hong Kong, Search more locations<\/p>\n","protected":false},"author":1,"featured_media":10684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[214,12],"tags":[162,347,345,346,63],"class_list":["post-10640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-flexible-workspace","tag-flexible-workspace","tag-ireland","tag-office-space-ireland","tag-reports-and-research","tag-serviced-offices"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Dublin is Becoming a Serious Challenger to London - Instant Offices<\/title>\n<meta name=\"description\" content=\"Discover five of our favourite office spaces in Dublin, a location that&#039;s rapidly becoming popular for local and international businesses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.instantoffices.com\/blog\/flexible-workspace\/dublin-serious-challenger-london\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Dublin is Becoming a Serious Challenger to London - 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