IQ-EQ signs for new offices at 76 Sir John Rogerson’s Quay

Investor services provider’s move follows deal for Davy fund management arm

Number 76 Sir John Rogerson’s Quay occupies a high-profile position in Dublin’s south docklands
Number 76 Sir John Rogerson’s Quay occupies a high-profile position in Dublin’s south docklands

Global investor services provider IQ-EQ has selected 76 Sir John Rogerson’s Quay as the location for its new Irish headquarters.

News of the move comes just one week after the company secured formal approval from the Central Bank for its purchase of Davy's fund services business, Davy Global Fund Management. IQ-EQ has operated in Ireland for more than 30 years and employs almost 300 people in offices in Dublin, Shannon and Belfast. The company's international operations meanwhile are distributed across 24 jurisdictions and involve assets under administration of over US$500 billion.

IQ-EQ has agreed to lease 9,700sq ft on the fifth floor of 76 Sir John Rogerson's Quay. The deal was handled by Savills Ireland. Other tenants in situ at the scheme include Rabobank, Algebris Investments and Trinseo.

Commenting on his company’s decision to locate at the building, Tom Berrigan, managing director of IQ-EQ Ireland, said: “As the IQ-EQ business in Ireland continues to grow, our team is delighted to be moving to a state of the art, LEED Gold-certified office space at 76 Sir John Rogerson’s Quay. We very much look forward to welcoming clients to our new Dublin headquarters later this year.”

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Umbrella fund

Developed by TIO (Targeted Investment Opportunities, an umbrella fund involving Nama, Los Angeles-based Oaktree Capital and Bennett Construction), 76 Sir John Rogerson's Quay comprises 92,600sq ft (8,602sq m) of grade A office space distributed across two blocks. The property, which is located in a prime waterfront position in Dublin's south docklands, was built with a focus on sustainability, achieving LEED Gold Certification and BerA3.

The scheme’s neighbours include Accenture, JP Morgan, State Street, Indeed and DocuSign while nearby residential schemes include the Benson Building, Opus 6 and Capital Dock.

Ronald Quinlan

Ronald Quinlan

Ronald Quinlan is Property Editor of The Irish Times