IPUT Real Estate has let the 53,000 sq ft Unit 8 at Nexus Logistics Park in Dublin to global IT Asset Disposition and electronics recycling firm Paladin EnviroTech.
The unit, which has achieved BER A1 and LEED Gold certifications, incorporates glulam timber structural frame technology, which offers up to 27% lower embodied carbon than steel and provides the potential to achieve net zero carbon.
Unit 8 also includes a range of sustainable design features such as roof-mounted solar panels, LED lighting, rainwater harvesting systems and advanced building envelopes to enhance thermal performance.
The unit forms part of the first phase of development at Nexus, which will deliver 1.5m sq ft across nine units, ranging from 53,000 sq ft to 460,000 sq ft. Following completion of the letting of Unit 8 to Paladin, IPUT is commencing the development of the 148,000 sq ft Unit 3, with completion targeted for May 2027.
Niall Gaffney, chief executive of IPUT Real Estate, said: “This is an important moment in the development of Nexus, one of the most sustainable logistics parks in Europe. Attracting a leading international occupier of the calibre of Paladin is a strong vote of confidence in both the park and our long-term vision for the location. Our continued investment in Ireland’s logistics sector is underpinned by structural shifts in global trade that are driving growing occupier demand for high quality, sustainable logistics spaces.
“At Nexus, we are redefining the Irish logistics workplace, setting a new benchmark for design, innovation and sustainability across the sector. Our significant investment in the public realm and occupier amenities also reflects our commitment to creating and owning some of the best workplaces in the world, while delivering lasting value for local communities.”
Eva Warren, VP of business development at Paladin EnviroTech, added: “Our expansion into Nexus Logistics Park represents an exciting milestone in Paladin’s continued growth across Europe. We were drawn to Nexus because of its forward-thinking approach to sustainability and innovation, which closely aligns with our mission to securely extend the lifecycle of technology, recover critical materials, and reduce environmental impact. We’re excited to join a development that shares our commitment to building a more sustainable future while supporting our customers across Ireland and Europe.”
