Infineon’s Dublin Office Relocation

SUMMARY

As Infineon  prepared for future growth and the expiry of its existing lease, Murphy Mulhall provided strategic tenant representation advice to help them identify, secure and deliver a new office in Dublin. Through detailed workplace analysis, office market search, lease negotiations and project co-ordination, we helped Infineon transition from a 5,000 sq.ft. office to a future-proof 13,000 sq.ft. Grade A workspace aligned with its operational and growth objectives.

CLIENT

Infineon

OUR ROLE:

Tenant Representation

BACKGROUND:

Infineon engaged Murphy Mulhall to provide tenant representation services in Dublin as the company were expanding their business operations in Dublin and would outgrow their current office, which had a lease expiry within 12 months. At the time, Infineon occupied approximately 5,000 sq.ft., but the changing workplace requirements and the increasing adoption of hybrid working created uncertainty around future space requirements. The company required expert advice to identify the optimal office size, location and lease structure for its next phase of expansion.

HOW WE HELPED:

  1. Initially, we brought in workplace architects, RKD, who interviewed and surveyed Infineon staff. Based on their findings, they drafted a series of layouts for Infineon to consider. Following discussion, it was agreed that a footprint of c. 13,000 sq.ft. would be optimal.
  2. Once the key criteria around location, type of building and budget had been agreed, we undertook a comprehensive search of the Dublin office market and prepared detailed financial analyses of suitable options.
  3. Following a series of inspections and further cost analysis, we identified a floor within a new Grade A building close to the client’s existing office.
  4. We negotiated a complex pre-letting agreement, securing favourable commercial terms including a competitive rent and attractive incentive package.
  5. Our involvement was particularly valuable during the legal negotiations. We worked closely with the client and their solicitors to negotiate key lease provisions and ensure the lease documentation reflected the agreed commercial position. We also explained any legal terminology in simple terms so they client could understand the implications.
  6. We introduced Infineon to several fit-out contractors and ultimately a preferred provider was selected.
  7. Following completion of the legal agreement and fit-out works, we introduced the client to an established office re-location company, who helped them with the move.
  8. Due to delays arising from the complexity of the legal negotiations, we also secured a short-term extension of the client’s existing lease to ensure business continuity.

OUTCOME:

Through a structured tenant representation and office relocation strategy, Infineon secured a modern Grade A office building that provided the flexibility and capacity required to support its continued growth in Dublin. By undertaking a detailed workplace analysis before entering the market, Infineon were able to make an informed decision on its long-term office requirements.

The client particularly valued Murphy Mulhall’s support throughout the process, from workplace strategy and office search through to lease negotiations, fit-out procurement and relocation. The result was a future-proof office solution aligned with both the company’s operational requirements and growth ambitions.

CLIENT TESTIMONIAL

“They were really easy to work with on the important stuff, but also in the background, able to help us with any uncertainties we had. Answer any questions, even at short notice and really made the whole process of moving and finding a new office much more successful”.

Brenda Barrett, Managing Director, Infineon Ireland

To discuss your tenant representation needs, Contact Our Team today.

Market Monitor/Market Matters