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The Exchange confirms its first tenant

The Food Safety Authority of Ireland will be the first tenant to occupy the new IFSC office building.

The €80 million block, known as The Exchange, is being funded by IPUT and will be the first new office development within the original footprint of the IFSC since 2003.

The FSAI will occupy 1,768sq m across the first floor of the six-storey over-basement building, which will have an overall capacity of 9,750sq m. IPUT stands to earn a 6 per cent income yield once the new block is completed in October by contractors John Sisk & Co.