Real estate investor firm Fine Grain Property is to pump €10m into the redevelopment of Connaught House.

The money will be used to upgrade the building’s environmental credentials, foster biodiversity, and revitalise communal and public spaces for the benefit of tenants and visitors say the company.

Dublin architects MCA Architects have been appointed to lead the redevelopment of the Burlington Road building.

"Occupier wellbeing, convenience, and workplace experience are deeply integrated into the reimagined design," the company said.

Connaught House is currently home to a number of blue-chip tenants, including CBRE, law firm Philip Lee, and Macquarie Group’s aviation division.

To mark the launch of the work, FGP unveiled a new sculpture: Heartfelt by renowned Irish sculptor Patrick O’Reilly.

Mr O'Reilly said: “This piece is about connection, emotion, and place.

"I’m proud to see it become part of Connaught House’s story and a symbol of the positive transformation happening here."

The artwork will be permanently installed on the exterior plinth facing Burlington Road.

FGP's portfolio consists of approximately 1.3 million square feet of commercial real estate in 18 buildings hosting more than 65 global employers across Ireland. 

The company has invested more than €355m across Ireland since 2016.

CEO of Fine Grain Property, Colin MacDonald, said: “Together with our team of expert advisors and the community of clients who work at Connaught House, we are breathing new life into this iconic property.

"Over the coming months, we will deliver a dynamic workplace that reflects the evolving needs of today’s businesses—one with a brand new heart and lungs, and a beautiful presence to welcome the next generation of talent and innovation.”

Photo: Irish sculptor Patrick O’Reilly