IPUT launches next phase at Aerodrome Business Park
Iput, the Irish property investment group and developer, is looking for a tenant for a new logistics facility at Aerodrome Business Park in South West Dublin.
The 160,000 square foot logistics facility at Unit Q will be completed in July and follows the successful lease of Unit G, a 120,000 square foot facility, to Life Style Sports.
The latest Aerodrome facility is part of IPUT’s pipeline of 1.4m² of logistics assets, with a focus on sustainable real estate/logistics.
Unit Q will have 160,000 square feet of logistics space, with ancillary offices delivered to the highest sustainability standards in the market: LEED Gold, BREEAM Excellent and a BER A3 rating.
Philip Harvey of Harvey has been appointed rental agent for Unit Q.
Michael Clarke, Head of Property Investments at IPUT, said: “We are seeing increasing occupier demand for high-quality logistics facilities that meet their requirement to reduce carbon emissions, while providing a focused work environment. on employee well-being.
IPUT is the largest owner of office and logistics assets in Dublin and currently has a portfolio of approximately 2.5m² of logistics assets, the largest portfolio of prime logistics assets in Ireland. IPUT has 870,000 square feet of logistics space under development at Aerodrome Business Park and Quantum Distribution Park in Kilshane Cross.
IPUT also has the potential to add an additional 600,000 square feet of space to the Nexus distribution fleet, increasing the total logistics portfolio to approximately 4 million square feet.