• 47,000 sq ft leased to Mediolanum, a long-term IPUT occupier, doubling their existing floor space currently leased from IPUT at another location

• Additional c. 30,000 sq ft of space under offer and expected to be leased by end of Q3

• IPUT investing in 10,000 sq ft of flexible workspace under its Studio brand at No.3 Dublin Landings and launching its second dedicated multi-purpose Studio amenity facility – with the ambition to double the Studio flexible offering to over 100,000 sq ft by year end

IPUT Real Estate (‘IPUT’), Dublin’s leading property investment company, announces that it will lease c. 80,000 sq ft at No.3 Dublin Landings in Dublin’s North Docklands including 47,000 sq ft on the second, third and fourth floors to Mediolanum International Funds (“Mediolanum”), the European Asset Management platform of Banca Mediolanum, a leading international financial services conglomerate. Mediolanum will move its Irish headquarters to the new location in January 2026.

Mediolanum’s expansion to 47,000 sq ft at No.3 Dublin Landings is an example of IPUT supporting an occupier’s growth within its portfolio driven by the quality of its asset and investment in tenant amenities. Mediolanum originally took 8,000 sq ft in IPUT’s Shelbourne Buildings in 2014, before moving to The Exchange in 2019 where they occupied 20,000 sq ft Mediolanum is now again more than doubling its leased space at No.3 Dublin Landings reflecting the attractiveness of Ireland as an investment destination and testament to the work of IDA Ireland.

An additional 30,000 sq ft of available workspace has been reserved at No.3 Dublin Landings, with details of lease agreements to be announced shortly.

Studio at No.3 Dublin Landings | Enhancing the Occupier Experience

IPUT intends to continue to expand its prime flexible office offering, Studio, at No.3 Dublin Landings. IPUT will transform the ground and atrium floors of No.3 Dublin Landings, creating premium adaptable workspaces and on-demand occupier amenities under its Studio flexible offering. Upon completion, the Studio spaces will include 10,000 sq ft of fully furnished and managed workspaces on Level 1, split into three suites of over 3,000 sq ft In addition, IPUT will invest in market-leading tenant amenities that include an enhanced reception area, a 2,000 sq ft state-of-the-art gym, in partnership with Technogym, 112-person event space, a boardroom that can accommodate up to 20 people and a Studio Lounge similar to that already within the portfolio at Fifteen George’s Quay. At the end of Q2, IPUT had reached 100% occupancy across its 9 Studio spaces (52,000 sq ft), with the ambition to expand its offering to 18 spaces (108,000 sq ft) by year-end.  See more at www.studiodublin.com.

Michael Clarke, Chief Investment Officer, IPUT Real Estate, said:

We are delighted to strengthen our long-standing partnership with Mediolanum and support their continued growth. Mediolanum’s decision is a testament to the scale and quality of our prime, sustainable workspaces and our ability to meet the needs of growth companies within our portfolio.

We are reserved on two further floors of 30,000 sq ft in the building reflecting the strong market demand for prime, amenitised workspace. Incorporating market-leading amenities has led to over 80% of the vacant space in No.3 Dublin Landings being let or reserved months before works are due to be finished.

Expanding our Studio platform reflects our commitment to deliver best-in-class workspaces that prioritise the occupier experience in all our buildings.

 

Furio Pietribiasi, CEO of Mediolanum in Ireland, said:

As part of our ongoing business growth, we’re investing in spaces that reflect our commitment to corporate wellbeing. With the best of Technogym equipment and the innovative Capsula platform, our teams benefit from a holistic wellness experience that blends physical and digital tools to support health awareness and prevention. Capsula offers non-invasive screening technologies and a user-friendly interface that empowers individuals to take charge of their wellbeing in the workplace.

Our facilities are designed with vibrant common areas immersed in natural indoor green solutions, again provided in this office by Plant Up, that encourage connection and collaboration in a relaxing space. These new facilities allow our people to enjoy their time at the office and collaborate comfortably, whether during or after work hours.

About No.3 Dublin Landings

No.3 Dublin Landings is a 119,000 sq ft prime office building in Dublin’s Docklands. No.3 Dublin Landings was acquired by IPUT in 2020 and was designed with an emphasis on sustainability and energy efficiency – holding a LEED Platinum accreditation and a BER A3 energy rating.