We are IPUT, Dublin’s leading property investment company
We are a socially and environmentally conscious investor with an unrivalled reputation for delivering the highest standards of design and placemaking. Our ambition is to be one of the greenest portfolios in Europe as we continue to set the benchmark for sustainability in Ireland.
2022 at a glance…
A truly dynamic year
2022 has been an outstanding year for delivery and income resilience
Despite the wider economic backdrop, we achieved full rent collection. We secured €24 million of new income through new developments and standing assets and paid our highest ever dividend of €108 million to shareholders.
What matters to our investors?
We manage assets and generate returns on behalf of domestic and international investors. Our actions affect the financial security of all the people who are invested with them. They trust us to take this responsibility seriously.
What matters to our occupiers?
Our occupiers are innovative and influential multinationals. Domestic and global office, logistics and retail brands. Ireland’s most successful businesses.
What matters to our communities & our city?
Our developments touch the lives of over 1.5 million people who live, work and socialise in Dublin. The actions we take have an impact on everyone around us. We make it our business to be good neighbours.
What matters to our country?
We have been investing in Dublin for over half a century. Every new development is an opportunity to reinvigorate our capital city and to showcase our country to the global business community.
Places
55 years, 90 places, one vision – to enhance and improve our city
IPUT owns the largest, prime office and logistics portfolio in Dublin
This gives us a unique opportunity to use the positive power of design and placemaking to shape the city around us.
Our dynamic, sustainable developments reimagine, reinvent and regenerate urban areas. Attracting the very best office, retail and logistics occupiers and benefitting the people who work, live and socialise locally. Supporting thriving cafés, restaurants, shops and cultural amenities that breathe new life into the community.
Performance
We focus on stability and long-term resilient income to drive superior performance.
Delivering on our strategic objectives
Sharpening focus on the fundamentals for us, our occupiers and our investors.
Our long-term strategic objectives are fundamental to how we operate.
They are central to our ability to create exceptional workspaces for our occupiers, and to deliver better returns for our investors.
They push us further to set the benchmark for sustainability and to play a positive and proactive part in shaping our city.
1. Greening our portfolio
Every sustainable measure we take has a positive impact for the climate, our investors, our occupiers and our city.
And, as the climate crisis intensifies, we are stepping up to help forward-thinking investors and occupiers meet their carbon strategies. We have identified a Net Zero 2030 pathway that sets out the steps we will take to reduce our carbon emissions right across our business.
In 2022, we made responsible investment and development a priority. Leading the market by scaling up delivery on our net zero objectives through new projects and asset retrofits.
2. Increasing our exposure to logistics
2022 saw a further increase in demand from logistics occupiers.
We are perfectly positioned not just to take advantage of this opportunity but to drive more growth in this sector.
Our plan to double our logistics weighting over the next five years is supported by our build-to-core strategy and the outstanding development capabilities of our in-house team.
We are already designing and creating logistics facilities that break the mould. Elevating these assets from ‘grey boxes’ to vibrant flagship developments. Exceeding anything delivered locally in terms of design, sustainability, placemaking, technology and employee wellbeing.
3. Growing our flex office offering
The Irish market has seen a surge in appetite for flexible office space in the last two years. Our ability to meet the evolving needs of our occupiers is core to our success. In 2022, we took significant steps to meet demand, launching the country’s first flexible managed workspace platform.
‘Making it Work’ has been a success and, going forward, a key element of our strategy is to increase our flexible offering to 5% of our office portfolio.
4. Enhancing the occupier experience
The millennial workforce is making waves in the real estate industry. Work-life balance is old news for this generation. Their demand for work-life integration is driving the need for a new kind of environment where personal and professional life work in harmony.
Enhancing the occupier experience empowers our clients to lead the way. We do this by designing, developing and managing game-changing office and logistics workplaces that improve the lives of everyone who works there.
5. Creating a space for culture
We use our buildings, parks and public spaces as living canvasses for art, culture and creativity. Supporting, celebrating and showcasing Irish artists. Commissioning sculptures, paintings and installations that bring joy to our occupiers, our neighbours and our city.
Our ‘Living Canvas’ screen at Wilton Park is one of the largest dedicated cultural galleries of its type, globally. In total, we curated ten exhibitions using this innovative space. We installed a new viewing platform on the banks of the Grand Canal to give passers-by a safe place to view the digital art on our giant screen.
Positioned to perform
Well positioned to move forward