UK Firms Moving To Belfast And Dublin To Brexit Proof Their Business

Kathryn Stevenson Corporate

UK-based companies have begun to take up co-working spaces in Belfast and Dublin to Brexit proof their businesses, according to Ireland’s leading provider of flexible workspace, Glandore.

Since the start of 2019, 64% of enquiries received at Glandore have come from companies elsewhere in the UK or further afield looking to set up in Northern Ireland as a direct result of Brexit uncertainty.

At Glandore in the Republic of Ireland, significant interest has also been shown from Northern Ireland companies, primarily Belfast-based, who are also looking to open a Dublin satellite office. In preparation for Brexit, in the last month alone, Glandore has seen three of their Belfast member companies take a virtual office and flexible workspace at Glandore in Dublin.

There has also been an influx of enquiries related to project work from large organisations, who by their very nature require flexible office space.

Michael Kelly, Managing Director at Glandore, said: “Glandore has long been the launchpad for US tech corporate giants who used our flexible, serviced office spaces when they initially land in Ireland. It’s these types of businesses we want to continue to attract after Brexit and we believe that providing this option shows how flexible, innovative and business-friendly the cities of Belfast, Dublin and Cork are.

“Uncertainty still looms over most businesses as the Brexit deadline draws ever closer. We’re still no clearer as to what kind of deal will be agreed and there is the likelihood of a no deal scenario.  With that still a possible outcome, we are getting enquires daily about availability at our nine offices across Ireland.”

He added: “For most, it is business as usual but companies are planning for all eventualities and Glandore can offer flexible workspace to ensure businesses can continue to operate no matter the outcome. The costs of doing business in Belfast are considerably lower than cities like London and businesses are waking up to that in the countdown to Brexit.”

Established in 2001, Glandore is a family owned business which has a total of more than 3,000 desks between nine office locations in Belfast, Cork and Dublin.

International companies who started their Irish operations in Glandore workspace include Worldpay, Rapid 7, Facebook, Twitter and Dropbox, while overseas investors such as Tullet Prebon, Cayan, Bamboo Rose and Bazaarvoice are among the current or former members of its offices in Belfast.

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