12/11/2023

I-RES supports Sigmoid Sports launch of state-of-the-art Indoor Golf Centre in Sandyford

Irish Residential Properties REIT plc ("I•RES" or the "Company") is pleased to announce it has been recognised as a Best Practice Leader in the European Women on Boards ("EWOB") Gender Equality Index.

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Sigmoid Sports leases 3,000 sq. ft. at Beacon South Quarter from I-RES

Irish Residential Properties REIT plc (I-RES), has entered into a long-term lease at Beacon South Quarter in Sandyford with Sigmoid Sports, an Irish athlete management and events company.

Sigmoid has agreed a 10-year lease for 3,194 sq. ft. fronting onto Beacon South Quarter Square for use as a state-of-the-art indoor golf centre known as Sigmoid HQ. This follows a planning permission change from retail to leisure usage, enabling them to develop the indoor golf centre and ancillary retail outlet – an innovative use of an available space.

Sigmoid HQ operates an indoor golf centre that features a number of bespoke indoor golf simulators equipped with TrackMan technology, the world’s leading developer of radar tracking technology for use in golf performance analysis. The space also includes; an indoor putting green delivered to top golf course standards, Sigmoid Apparel's first retail store, a Coffee Bar serving specialty coffee and a Performance Room which is available for physios, sports psychologists, coaches, dieticians etc. to rent on an hourly/daily basis. Sigmoid, who work with a number of professional golfers on the LPGA and Ladies European Tours, will offer customers - from beginners to elite players - the opportunity to have fun as well as improve their golf game, by booking simulators for personal use, attending golf classes, playing in golf leagues, or opting for custom golf club fittings.

The addition of Sigmoid HQ brings a new leisure and health amenity to the Sandyford District and builds upon I-RES’ longstanding presence in the area, with several other commercial tenants and where the company has 700 apartments, having a presence there since 2014.

I-RES CEO, Margaret Sweeney, commented: “The transformation of this space into a unique, state-of-the-art indoor golf centre is a testament to the ambition of the teams involved, and we are proud to have partnered with Sigmoid HQ to deliver this new amenity to the Sandyford District. This new leisure destination will add to the area’s footfall, supporting local businesses and economy as well as providing amenities for residents of the area and wider region. In line with our strategy, we will continue to review opportunities to drive additional revenue streams from our portfolio that will deliver long-term value for the business.””

Sigmoid Sports Managing Director Rob Browne, commented: “We are delighted to have partnered with I-RES to deliver this new and exciting indoor golf concept to Dublin. Sigmoid HQ will help golf enthusiasts, of all levels, fine-tune their games with the support of professional coaches and state of the art technology. We look forward to welcoming the local community to our new centre in the Beacon South Quarter in the period ahead.”