- New occupiers, ION and NTT DATA, to take up second floor of Styne House
IPUT Real Estate (‘IPUT’), Dublin’s leading property investment company, is pleased to announce that it has let the 14,000 sq ft second floor of Styne House to two occupiers, ION and NTT DATA on multi-year leases. ION will occupy 9,000 sq ft and NTT DATA will occupy 5,000 sq ft Both companies are new occupiers in IPUT’s portfolio and their move to Styne House demonstrates that Dublin’s central business district (CBD) remains the preferred office location within the city. Both new occupiers are moving to Styne House from Ballsbridge.
Styne House
Styne House is six-storey, 70,400 sq ft multi-let office building, located on Hatch Street in Dublin’s CBD and overlooking Iveagh Gardens. IPUT recently completed an extensive refurbishment including a new reception, new hotel-standard end-of-trip facilities, a new street level café and a range of sustainability initiatives giving the building an A3 BER. IPUT continues to invest in market-leading amenities with the addition of a new fitness suite on the lower ground floor in partnership with Technogym. Existing occupiers of Styne House include Active Campaign, Bank of China, JLL, Kenmare Resources and The Law Reform Commission. IPUT is also investing in the expansion of its Studio flexible leasing brand with an addition of 7,700 sq ft of flexible workspace in the building.
In addition, the first floor of 13,500 sq ft is available to let and for a tailored fit-out, either managed directly by the occupier or delivered in collaboration with the IPUT team.
Daniel Carty, Senior Asset Manager, IPUT Real Estate, said:
We are focused on providing the floor plates and market-leading amenities which meet the evolving needs of occupiers. We are delighted to welcome ION and NTT DATA to Styne House. We split the floor plate to provide both occupiers with the workspace that aligns with their requirements.
Our well-invested prime portfolio means we are on track to lease over 130,000 sq. ft. of offices in 2025. The development of a new fitness suite at Styne House has played an important role in attracting new occupiers to the building.
David Tyrell, Senior Vice President and Managing Director for Ireland at NTT DATA, said:
We are delighted to be moving into Styne House, marking an important step in strengthening our local presence in Ireland. This new office space will give us the opportunity to collaborate more closely with our clients, grow our public sector partnerships, and enable us to continue delivering the high-quality outcomes that NTT DATA is known for.
Joint agents CBRE and JLL Ireland acted for IPUT, Savills acted for ION and Knight Frank acted for NTT DATA.
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