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M7 begins 'better than new' warehouse refurb

17th May 2024

M7 Real Estate says it will deliver “Ireland’s greenest logistics refurbishment” with the regeneration of a Dublin facility.

The the pan-European investor and asset manager said its programme of sustainability-focused works at Ballymount Logistics Hub, Southwest Dublin will have the best energy rating for a refurbished logistics unit in Ireland once complete.

The 151,000 sq ft warehouse is set to achieve an improved Building Energy Rating (BER) of A3 and “very good” BREEAM In-Use certification.

M7 will install LED lighting, EV charging points and an air source heat pump system to the development, which was constructed in 1996. It will also be using locally-sourced and recycled materials where available and recycling 95% of construction waste.

John Murnaghan, managing director at M7 Real Estate Ireland, said: "As we continue our retrofit first approach to our portfolio through a rolling capital expenditure programme of sustainability-focused improvements, it is crucial that we create a cost efficient, sustainable asset that will prove extremely attractive to potential occupiers. 

“Once the works are complete, we expect this unit to be more energy efficient than the majority of newly built warehouses that are springing up around Dublin, especially when considering the huge environmental cost of development. This is clearly demonstrated by the fact that this refurbishment will result in a staggering 70% saving in embodied carbon versus a full new construction.”

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