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Jonathan Price – CRE & Flex Expert
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The U.K. and Ireland are now home to more than 4,000 coworking spaces, placing the region among the world’s most densely supplied coworking markets, according to Coworking Cafe.
While the United States has nearly 8,000 spaces, the U.K. and Ireland have a much higher concentration per capita, signalling a strong adoption of flexible work environments in industries that rely on office spaces.
London leads with 1,145 coworking spaces, making up more than a quarter of the U.K.’s total. While London dominates, other cities like Manchester, Glasgow, and Edinburgh are emerging as strong players in the coworking scene. In Ireland, Dublin hosts nearly half of the country’s coworking spaces, showing its central role in the region’s flexible work boom, Coworking Cafe reports.
With 3,829 coworking locations in the U.K. and 261 in Ireland, flexible workspaces are taking hold across both countries.
Pricing for coworking spaces varies across regions. In the U.K., dedicated desks cost an average of £248 per month, while open workspaces go for £175 and virtual office memberships cost £50. London commands the highest rates, with dedicated desks averaging £297 per month. Meanwhile, cities like Aberdeen and Brighton also see premium pricing due to limited supply.
Ireland’s pricing is similar, with Dublin’s dedicated desks at €299 per month and virtual office services priced at €75.
Regus leads the coworking market, with 198 locations in the U.K. and 17 in Ireland. Other operators like Fora and Workspace Group are expanding quickly in London, while local operators like Pembr and Iconic Offices dominate Dublin’s coworking scene.
The increase in spaces, combined with high demand and varying prices, shows that coworking is becoming a regular option for businesses and workers in these countries. With continued growth, coworking could become the preferred solution in these regions.
