Energy firm ESB has announced that Amundi Real Estate, a French Asset Manager, has successfully exchanged on a prime office development in the heart of Dublin's traditional central business district on behalf of a fund under management.

Currently in the final stages of construction, Fitzwilliam 28 has been entirely pre-let to Slack Technologies upon completion of the building. The global tech giant is moving out of its current property on Hatch Street and into Fitzwilliam 28, which will act as their new EMEA headquarters.

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Located between Merrion & Fitzwilliam Squares in Dublin's CBD, the location is one of the most sought after in the City and once complete, Fitzwilliam 28 will comprise around 12,600 sq m of prime Grade-A office accommodation over 8 floors and will be one of the most prestigious office buildings in the Dublin market.

ESB is developing the asset alongside its own headquarters at Fitzwilliam 27, which is also under development.

Sustainability and energy efficiency have been a key focus and as such, Fitzwilliam 28 will benefit from BREEAM Excellent accreditation, A3 BER Rating and will be one of Dublin’s first NZEB (Near Zero Energy Building) compliant developments.

On completion, the acquisition will represent Amundi Real Estate’s first deal in the Irish market in a bid to expand the presence of their flagship fund in key European jurisdictions.

Savills and Bannon advised ESB on the transaction and Knight Frank advised Amundi Real Estate.