Colin Richardson CBRE: With a decrease in the flow of people into offices each week, there are wider implications for retail, bars and restaurants in Dublin
What impact will remote working have on the future of Dublin city centre?In December 2023, the Economic Development Office of Dublin City Council appointed CBRE Research to conduct an extensive project to provide some firm analysis and data around the implications of increased remote working on Dublin city.
We caveat these findings by noting that in the last 12 months we have seen many large occupiers, most notably in the United States, mandate five-day per week in-office attendance. Large corporations like Boeing and Tesla, and banks such as Goldman Sachs and JP Morgan also have mandates in place for certain staff.
We questioned how footfall, consumer spending, and general trade had changed since the pandemic. The responses from the retailers we surveyed mirrored the responses we received from the retail representative groups.
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