A compelling investment case

A proven track record of delivering consistent returns through cycles.

What sets IPUT Real Estate apart as an investment opportunity?

For close to six decades, we have been investing in Irish real estate and delivering dividends for investors. We own, develop, and manage the best workplaces in Dublin, occupied by leading domestic and international companies.

Established in 1967

and AIFMD regulated since 2013, the IPUT Property Fund is the leading institutional proxy for institutional investors seeking exposure to Irish commercial real estate.

Fully integrated

multi-disciplinary platform that is a proven European leader in operational real estate.

We own, develop & manage

the best workplaces for blue-chip occupiers, delivering unbroken dividend returns to shareholders for almost six decades.

Responsible investor

as we don't see financial success and social responsibility as mutually exclusive. We achieve outperformance by attracting occupiers and investors to our sustainable business model.

Unlocking value

from our extensive prime Dublin City real estate portfolio, providing investors with access to compelling growth opportunities in a European gateway city.

Significant upside potential

with values stabilising following a material correction, a net dividend yield of close to 6%, now is an attractive entry point for prospective investors.

Our credentials

€1 billion

paid in dividends to shareholders in the last 10 years.

2 million sq ft

of offices & logistics space developed in the last decade, 70% of which was pre-let.

5.6%

year-end dividend yield.

62%

of our office portfolio is Grade A+.

59%

of our office and logistics portfolio was developed by IPUT Real Estate.

Flex platform

98% of our flex platform ‘Studio’ is fully let.

2.7 million sq ft

prime development commenced at Nexus Logistics Park.

15 star rating

for the 3rd consecutive year on our standing investments and developments.

98%

occupancy rate across the entire portfolio.

Strategy

We look beyond short-term cyclical influences and focus on income which is resilient and underpins a strong and growing dividend stream.
Niall Gaffney, Chief Executive
Strategy

Prioritising growing high-quality income to support dividends.

Strategy

Build to core using organic development pipeline that drive returns.

Strategy

Grow logistics allocations with Nexus & capitalise on structural opportunity in the segment.

Strategy

Continue to transform the portfolio in line with Net Zero carbon commitment.

Strategy

Continue to increase operational real estate exposure through our flexible leasing platform, Studio.

Strategy

Recycle capital and identify strategic cyclical market opportunities.

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Dublin Market

We are the touchstone for international investment and put Dublin on the map for international occupiers. Leading the way in workplace design, amenities and sustainability. Driving employment opportunities and creating a thriving Irish business community.

Compelling characteristics of the Dublin market

Investment grade

Only English-speaking Euro-denominated economy – set to outperform in the medium term.

Demographics

Unique demographics that support a resilient and diverse employment base.

Young population

One of the highest proportions of 25-44 year olds in the EU with a median age of 38.

Stable returns

A commercial real estate market that offers relative value & the prospect of stable returns.

Occupier demand

An office occupier market underpinned by demand for Grade A buildings from leading domestic & global occupiers.

Curtailed supply

New office supply curtailed & existing Grade A availability expected to be absorbed by 2026.

Undersupplied logistics sector

Compelling cyclical & structural demand drivers that offer opportunity.

Attractive pricing

Potential for current yields to harden as monetary policy continues to loosen.

Rental growth potential

Potential for prime rents to increase considering severe undersupply of modern stock in core locations.

There is a scarcity of institutional grade product of the calibre that IPUT are delivering in core locations in Dublin where demand is concentrated.
Michael Clarke, Chief Investment Officer

Current portfolio weightings

 
 
 
 
  Office 73%
  Logistics 15%
  Retail 9%
  Other 3%
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Transforming the Workplace

View our portfolio
For more information
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Pat McGinley
Chief Operating Officer
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Zara Walsh
Head of Fund Management