IPUT Real Estate, the biggest office landlord in Dublin, said it had leased about 80,000 square feet at No 3 Dublin Landings in Dublin's North Docklands.
This includes 47,000 square feet on the second, third and fourth floors to Mediolanum International Funds, the European Asset Management platform of Banca Mediolanum.
Mediolanum will move its Irish headquarters to the new location in January 2026.
No 3 Dublin Landings is a 119,000 square feet prime office building in Dublin's Docklands. Bought by IPUT in 2020, it was designed with an emphasis on sustainability and energy efficiency and holds a LEED Platinum accreditation and a BER A3 energy rating.
IPUT said Mediolanum's expansion at No 3 Dublin Landings is an example of IPUT supporting an occupier's growth within its portfolio.
Mediolanum originally took 8,000 square feet in IPUT's Shelbourne Buildings in 2014, before moving to The Exchange in 2019 where they occupied 20,000 square feet and the company is now again more than doubling its leased space at No 3 Dublin Landings.
IPUT said this reflected the attractiveness of Ireland as an investment destination and testament to the work of IDA Ireland.
The company also said that an additional 30,000 square feet. of available workspace has been reserved at No 3 Dublin Landings, with details of lease agreements to be announced shortly.
Michael Clarke, Chief Investment Officer, IPUT Real Estate, said that Mediolanum's decision is a testament to the scale and quality of IPUT's prime, sustainable workspaces and its ability to meet the needs of growth companies within its portfolio.
"We are reserved on two further floors of 30,000 sq. ft. in the building reflecting the strong market demand for prime, amenitised workspace. Incorporating market-leading amenities has led to over 80% of the vacant space in No 3 Dublin Landings being let or reserved months before works are due to be finished," he added.
Furio Pietribiasi, CEO of Mediolanum in Ireland, said that as part of its ongoing business growth, the company is investing in spaces that reflect its commitment to corporate wellbeing.
