M&G Real Estate and its development partner Marlet Property Group have agreed a circa 416,000 sq ft office letting with Workday at the College Square scheme in Dublin.
The letting, which M&G said was the biggest single office letting in Europe since 2021, will see more than 2,000 Workday employees in Ireland relocate from two locations into a single hub.
Workday will occupy the entirety of College Square’s “super prime” office space, with the remaining space at the 22-storey building providing 58 residential rental homes and ground floor retail space.
The development is scheduled to complete in June 2025 and Workday is 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. It is also testament to the market-leading sustainability credentials, amenity provision and build quality of the scheme – each of which play an important role in attracting and retaining the best of Ireland’s talent.”
Pat Crean, CEO of Marlet Property Group, added: “We are excited to welcome Workday to College Square, marking a significant milestone for Dublin’s office market. Securing Workday as a tenant for this landmark development is a testament to the quality of the College Square building and its prime location. The comprehensive amenities and sustainability features of College Square will provide an exceptional environment for Workday.”
Assal Yavari, VP real estate at Workday, said: “Dublin is Workday’s headquarters in the EMEA region, and this move to College Square signifies our commitment to further investment and growth in the country. We’re excited to bring our talented Dublin teams together under one roof, where we will drive AI innovation, deepen our engagement within the Dublin technology community, and grow our European presence.”
