IPUT pre-lets 430,000 sq ft of offices at Two to Four Wilton Park, Dublin 2 to LinkedIn

IPUT pre-lets 430,000 sq ft of offices at Two to Four Wilton Park, Dublin 2 to LinkedIn

Irish property company IPUT has pre-let the remaining 430,000 sq ft of office space at Wilton Park on a 25-year lease, with a term certain of 12 years, to LinkedIn. Construction at Two, Three & Four Wilton Park will commence in 2020 and is targeted for completion in 2023.

 
Niall Gaffney, IPUT Chief Executive, says: “We are proud to partner with LinkedIn, a global technology brand that shares our ambition to sustainably develop a new destination in Dublin’s central business district. This major development will be a key driver of long-term returns for our shareholders. We are committing EUR350 million to the development of the Wilton Park estate which, on completion, will have a value of over EUR750 million.
 
“Centred around a one-acre restored park, this landmark development is an opportunity to set new standards for place-making in Dublin. Incorporating a new public square and a carefully landscaped streetscape, we will create a new sustainable environment for both work and leisure, incorporating curated food halls and a variety of dining spaces.”
 
Wilton Park is part of IPUT’s current office development pipeline of approximately 700,000 sq ft, which also includes the Tropical Fruit Warehouse on Dublin’s South Docks.