M&G Real Estate and its development partners Marlet Property Group have agreed a 416,000 sq ft office letting with HR software giant Workday at the state-of-the-art College Square development in Dublin city centre.

M&G called the deal the largest single European office letting since 2021.

The new office will bring together Workday’s Ireland-based workforce of over 2,000 employees from two current locations into one single hub.

“This investment reinforces Workday’s long-established presence in Dublin and allows for its continued growth alongside other global tech leaders in the city, with its reputation as Europe’s tech capital,” said M&G.

“In the largest single European office letting since 2021, Workday will occupy the entirety of College Square’s ‘super prime’ office space, equivalent to five and a half football pitches.

“The remaining space at the 22-storey building – the tallest and aspiring to be one of the most sustainable in Dublin – comprises 58 residential rental homes and ground-floor retail space.

“Currently being developed by M&G Real Estate and Marlet Property Group, it is due to complete in June 2025 with Workday due to start its fit-out soon after.

“Overlooking Trinity College’s city centre campus, the iconic Grafton Street and the river Liffey, College Square is accessible to over 1.5 million people within a 30-minute commute and is well served with excellent transport links.

“Dublin is known as a top location for leading global technology companies due to its talent-rich workforce, presence in the European market and sustained economic growth. The city’s office market is thriving with expected office space take-up for 2024 exceeding two million square feet.”