M&G Real Estate has agreed a 416,000 sq ft office letting in Dublin for an undisclosed sum in a deal it claims is Europe’s largest single office letting since the Covid pandemic of 2021.
The new-build College Square office will be occupied by Workday – an AI platform for managing people, job applications, money and agents.
The new office will unify Workday’s Ireland-based workforce of over 2,000 employees from two current locations into one single hub and will be the firm’s Emea headquarters.
In addition to the office space, the 22-storey building – the tallest in Dublin – also includes 58 residential rental homes and ground-floor retail space.
Currently being developed by M&G Real Estate and Marlet Property Group, it is due to complete in June 2025 with Workday due to start its fit-out soon after.
Martin Towns, Deputy Global Head of M&G Real Estate, said: “College Square exemplifies our global strategy for the office sector, of having state-of-the art buildings in desirable locations – such as the leading business districts within London, Paris and Seoul to attract blue-chip companies and meet their occupational needs.
“This is a landmark mixed-use development for Dublin, with exceptional transport links in a prominent location at the heart of the city offering occupiers and residents access to the best of Dublin’s thriving cultural hub.
“Workday’s letting is a significant vote of confidence in the enduring appeal of the city as Europe’s leading destination for global tech businesses.”
