Chancerygate and Bridges Fund Management have secured approval to build a logistics centre in Dublin valued at approximately €40 mln upon completion.
The Airport Trade Park will occupy a prime 2-hectare site near Dublin Airport and offer flexible business space, with 14 units ranging from 334 to 2,078 m2.
Construction is expected to begin this autumn, with completion targeted for 2025.
Sustainability is a key focus for Airport Trade Park, aiming for LEED Gold certification. Each unit will have electric vehicle charging stations, solar panels, and energy-efficient heating systems. The buildings will also be constructed using high-performance materials and incorporating skylights to reduce energy consumption.
Ed Dobbs, development director and head of Chancerygate’s Irish office, said: ‘We know there is high demand from occupiers for modern, sustainable urban logistics accommodation with convenient transport links within the Greater Dublin area. Airport Trade Park will help meet this demand by delivering strategically located Grade A urban logistics space, enabling businesses to be best placed when it comes to serving the locality and wider region. We look forward to progressing with the scheme and will continue to seek further opportunities in Ireland as we implement our growth plans.’
Bridges partner, Guy Bowden, added: ‘We intend to draw on our experience of working on similar projects in the UK to deliver one of the most sustainable industrial buildings in Ireland, which we believe will be attractive to a range of occupiers looking to reduce their running costs as well as their impact on the planet.’
This joint venture marks Chancerygate's first project in Ireland, following similar developments in the UK. The location on Swords Road, Santry benefits from excellent transportation links, including proximity to the airport, major highways, bus routes, and a planned MetroLink station.
The agents for Airport Trade Park are CBRE and Lisney.
