Fine Grain's Colin MacDonald on Championing Ireland's FDI Future
Fine Grain Property CEO, Colin MacDonald, spoke with thinkbusiness.ie about championing Ireland as a key location for multinational investment, what the next phase for business park development is, and how a return to work will likely centre on a blended approach that presents new design challenges for optimising the workspace.
In recent days IDA Ireland revealed that foreign direct investment (FDI) for the first half of 2021 has returned almost to 2019’s record levels despite business uncertainty caused by the pandemic. In the first six months of the year142 investments were won, with associated employment potential of over 12,530 jobs.
While much has been debated about the future of work and how hybrid workplaces and workplaces will function, Fine Gain Property CEO Colin MacDonald believes that the idea of of having a place in the workplace needs to be stronger than ever as we face the ‘new normal’ of a post-Covid world.
“The post-pandemic workplaces of the future will need to demonstrate their sustainability credentials, not just to shareholders and investors but most importantly to their employees”
Seeds of change
With over 15 years’ experience and a portfolio of properties across Ireland, Fine Grain Property is an Irish-owned international commercial real estate investor and operator. Its portfolio consists of almost 1m square feet of commercial real estate hosting clients from large international and domestic businesses.
“Fine Grain Property is an Irish-owned, international commercial real estate investor and operator. We seek to champion Ireland as a location for multinational investment and jobs by providing facilities throughout Ireland to attract some of the most promising industries to our shores – including pharma, tech, digital design and other highly skilled sectors.
“Our business park property portfolio consists of almost 1m square feet of commercial real estate, worth in excess of €220m, and we host more than 60 clients from large international companies and domestic businesses.”
Fine Grain Property was established in Singapore in 2007 by Irish founders and launched in Ireland in 2016.
“We saw an opportunity to meet the needs of employers across Ireland, by providing great workspace solutions in key employment locations across the country, where decades of sustained government and private sector investment had created the ideal conditions for burgeoning innovation clusters, with excellent third level education, first class infrastructure, clusters of like-minded businesses, and a deep pool of educated employees,” said MacDonald.
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