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Bloomberg Talks
CBRE's UK Ireland CEO Ciaran Bird Talks Office Space & Tariff Challenges
Feb 11, 2025
Ciaran Bird, CEO of CBRE UK and Ireland, leads one of the world's foremost commercial real estate firms. He shares insights on how the pandemic reshaped perceptions of office space as a strategic asset. Bird discusses the crucial blend of flexibility and collaboration in the workplace, and the rising demand for high-quality, sustainable offices. He also touches on the impact of tariffs and rising rents, emphasizing the importance of location and amenities to attract talent, as well as the evolving landscapes of iconic office spaces and data centers in Europe.
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Quick takeaways
- Business leaders are increasingly viewing physical office spaces as crucial for collaboration and team culture, rather than mere overhead costs.
- Environmental sustainability and high standards are becoming essential criteria for selecting office spaces, influencing rental values and investment decisions.
Deep dives
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