.jpg?FAKcF4BH_Wa9bH.aojSU34oPZgjaOWfW&itok=iGdYbMgm "Jointly developed by M&G Real Estate and Marlet Property Group, College Square is a 22-storey mixed-use development in Dublin.")
M&G Real Estate and its development partner Marlet Property Group have agreed to lease out 416,000 sq ft of prime office space at College Square, its upcoming mixed-use development in Dublin, to Workday, an American financial and workforce management service provider.
Under the agreement, Workday is expected to occupy the entirety of College Square’s office space, marking the largest single European office leasing deal since 2021. The remaining space at the 22-storey development comprises 58 residential rental homes and ground-floor retail units.
“Workday’s letting is a significant vote of confidence in the enduring appeal of the city as Europe’s leading destination for global tech businesses,” says Martin Towns, deputy global head of M&G Real Estate.
Assai Yavari, vice-president of real estate at Workday, notes that the group’s move to College Square reflects Workday’s commitment to further investment and growth in Ireland. The agreement will allow Workday to consolidate its existing operations from two office locations into a single hub.
College Square is located adjacent to Trinity College’s city centre campus and is within close proximity to Grafton Street, one of the two principal shopping streets in Dublin city centre. The property is also well-connected by public transport with over 1.5 million people living within a 30-minute commute, according to M&G Real Estate.
College Square is set for completion in June, with Workday expected to begin its fit-out shortly after.
