The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
Average occupancy levels at many Dublin offices have fallen to 10% or lower on Mondays and Fridays as the majority of employees opt to work from home, according to a survey.
Wednesday is the most popular day among workers to be in the office with employers reporting average occupancy rates of 61% to 70%, a survey of 500 Dublin office-based businesses conducted by Dublin Chamber and estate agent Savills Ireland found. Occupancy was about 10% lower on Tuesdays and Thursdays, the report said. Even so, despite the shift in working patterns since the Covid-19 pandemic, 76% of firms have not changed their office footprint.
Workers are often motivated to return to the office to attend events or meet friends, highlighting the importance of well-located office space, Savills Ireland Director and Head of Offices Andrew Cunningham said. 79% of leasing deals last year were completed in the central business district, he added.
The findings come amid a reported increase in so-called grey space – surplus office accommodation that is leased but not being used.