IPUT

What IPUT does

IPUT plc is Dublin's leading commercial property investment company, established in 1967 and authorised and regulated by the Central Bank of Ireland as an umbrella investment company with variable capital and segregated liability between sub-funds. The company owns and manages the largest prime office and logistics portfolio in Dublin, comprising 30 assets exceeding 2 million square feet concentrated in the city centre. Its core business is developing, owning, and operating premium, sustainable Grade A office space for large enterprise occupiers, including flagship developments such as Wilton Park (600,000 sq ft, tenanted by LinkedIn, EY, and Stripe), 25 North Wall Quay (155,000 sq ft, IPUT's first Net Zero Carbon office for A&L Goodbody), and Fifteen George's Quay (70,300 sq ft, pre-let to Aon Ireland, MUFG, and Paysafe).

IPUT's revenue model is anchored by long-term commercial property rental income from these prime Dublin assets, supplemented by development gains on its pipeline (currently capable of absorbing more than €500 million in additional investment) and recurring flexible-workspace income from its Studio platform. Buildings consistently achieve LEED Platinum, WiredScore Platinum, WELL Gold, BER A3, and NZEB certifications, and IPUT has committed to net zero carbon by 2030. Distribution is primarily direct enterprise leasing through IPUT's investment and asset management teams, with Studio providing a self-serve flexible leasing channel; the company also runs cultural and community programmes (Living Canvas at IMMA, Wilton Park community events) that support its placemaking positioning.

In 2025-2026, IPUT secured €115 million of co-investment for the IPUT Nexus Logistics Fund, €175 million in new equity from CBRE Investment Management (February 2026) as the first step of a planned €500 million office portfolio expansion, and a €300 million revolving credit facility (June 2026). The Studio flexible workspace platform is targeted to double to nearly 200,000 sq ft across 18 locations by end-2026, and IPUT is headquartered at 47-49 St. Stephen's Green, Dublin 2.

Name

IPUT

Legal name

IPUT plc

Website

https://iput.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

11–50 employees

Short description

IPUT is a Dublin-based commercial real estate investment company, established in 1967, that owns, develops, and manages the largest prime office and logistics portfolio in Dublin — 30 assets exceeding 2 million sq ft — serving large enterprise occupiers with sustainable Grade A workspace.

Ownership category

akta.pro rank

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

1. Commercial Property Rental Income: IPUT generates recurring rental income from its portfolio of 30 office and logistics assets totaling over 2 million sq ft in Dublin's city centre. Long-term leases with corporate occupiers provide stable cash flows.
2. Property Development: IPUT undertakes development projects to expand its portfolio, with a planned €500 million expansion of its prime office portfolio. Development gains and increased rental income from new developments contribute to returns.
3. Studio Flexible Workspace: IPUT's Studio platform provides flexible workspace and bookable amenities to corporate occupiers, with plans to double to nearly 200,000 sq ft across 18 locations by end of 2026.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

IPUT owns, develops, and manages Dublin's largest prime commercial property portfolio — 30 office and logistics assets totalling over 2 million sq ft — and leases premium, sustainability-certified office space to corporate occupiers. The company also operates Studio, a flexible workspace and bookable amenities platform for corporate tenants, and pursues a €500 million-plus development pipeline centred on Net Zero Carbon buildings.

Product overview

IPUT Real Estate is Dublin's leading commercial property investment company established in 1967. The company operates a multi-product portfolio consisting of: (1) Studio - a flexible workspace and bookable amenities platform offering flexible leasing solutions across 18 locations; (2) Living Canvas - a digital art initiative featuring Europe's largest outdoor digital art screen at IMMA; and (3) a core portfolio of prime office properties including 25 North Wall Quay (Net Zero Carbon headquarters), Fifteen George's Quay (sustainable office), and Wilton Park (600,000 sq ft mixed-use flagship development). IPUT owns 30 office assets totaling over 2 million sq ft in Dublin's city center with a development pipeline capable of accommodating more than €500 million in additional investment.

Differentiator

Problem solved

Functional benefit

Brands

• Studio: IPUT's flexible workspace and bookable amenities platform. Each workspace is designed and delivered with flexibility to meet the high standards expected by corporate occupiers. Plans to double to nearly 200,000 sq ft across 18 locations by end of 2026.
• Living Canvas

Products and services

• Studio Flexible Workspace Platform
• 25 North Wall Quay
• Fifteen George's Quay
• Wilton Park
• Prime Dublin Office and Logistics Portfolio Leasing

Quantifiable outcome

• Buildings use 60% less energy than average buildings
• +1 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Two partnerships are on record, tiered minor.

• Irish Museum of Modern Art (IMMA)minorStrategic or Co-development Partner · 1 January 2025IPUT partnered with IMMA to relocate Living Canvas, Europe's largest outdoor digital art screen, to IMMA grounds from early 2025. The partnership continues the award-winning cultural program previously at Wilton Park.
• Waterways IrelandminorStrategic or Co-development PartnerPublic-private partnership between IPUT and Waterways Ireland to transform the northern towpath at Wilton Terrace along the Grand Canal. The project widens pathways, improves public seating, and enhances biodiversity.

Scale indicators8 records

Recent moves8 records

Expansion highlights3 records

Direct peers

• CA Immobilien Anlagen (CA Immo): European office specialist REIT focused on prime, sustainable office properties in gateway European cities. Comparable to IPUT on product (prime Grade A office), sustainability positioning (ESG-certified stock), and institutional investment-management style.
• Kennedy Wilson: Global real estate investment company with a significant Irish and UK office portfolio, including prime Dublin assets. Comparable to IPUT as a long-cycle, capital-markets-led office investor operating in Dublin.
• Hibernia REIT (acquired by Henderson Park): Irish REIT investing in Dublin city-centre offices and selectively in industrial property, acquired by Henderson Park in 2022. Directly comparable to IPUT by mandate, Dublin-centric focus, and Grade A office strategy.
• Yew Grove REIT: Irish REIT focused on commercial property (offices, logistics, industrial) leased to Irish and multinational occupiers. Directly comparable to IPUT in geography and tenant base, though typically smaller lot sizes and outside the city centre.
• Great Portland Estates (GPE): London-listed REIT specialising in prime, design-led, sustainable office space in central London. Closely comparable to IPUT on product (Grade A, design-led, ESG-certified), tenant profile (professional services, tech), and placemaking-led strategy.
• Derwent London: London-listed REIT focused on design-led, sustainable, creative-tenant office space in central London. Highly comparable to IPUT on sustainability positioning, design-led Grade A offices, and tenant mix (tech, creative, professional services).
• Green REIT (acquired by Henderson Park): Was Ireland's largest REIT focused on prime Dublin office property before being acquired by Henderson Park in 2019 for ~€1.1bn. Most directly comparable to IPUT by geography, asset class, tenant profile and prime-Dublin focus.

Broad incumbents

• Land Securities: UK-listed REIT with a major London office portfolio and mixed-use developments. Comparable to IPUT as a prime office investor with sustainability leadership, although materially larger and broader in scope (offices, retail, mixed-use).
• British Land: UK-listed REIT with large-scale prime office campuses (e.g. Broadgate, Regent's Place). Comparable to IPUT as a prime-office owner/developer with strong sustainability credentials and large corporate occupiers, although at much larger scale and UK-focused.
• Hammerson: European REIT with significant UK and Irish commercial property interests including Dublin. Comparable to IPUT as a Dublin-relevant institutional real estate investor, though more retail-weighted than IPUT's pure-office focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/iput-real-estate
• Instagraminstagram.com/iput_real_estate_dublin
• Xx.com/iput_plc

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IPUT