Green REIT : in the media – George’s Quay

Green REIT plc in the media - George's Quay

January 27, 2016

Green REIT in the media

Press coverage of the announcement that Green REIT plc has signed leases with investment and retirement experts Fidelity International at Georges Quay House in Dublin 2.

The Irish Times | Fidelity puts its faith in Dublin 2 offices

In the largest office letting so far in Dublin this year, investment and retirement experts Fidelity International has signed two leases to rent 6,317sq m (68,000sq ft) in the high-profile George's Quay House in Dublin 2, opposite the Custom House. Both leases will be at a rent of €527 a square metre (€49 a square foot).

The office deal is the largest handled by owners Green Reit, who acquired the 60,400sq m (650,000sq ft) office buildings at George's Quay and George's Court from the Cosgrave Property Group in June 2014 for €375 million.

The so-called Sapphire Portfolio also included 27,900sq m (300,000sq ft) of retail and other commercial space at WestEnd Retail Park in Blanchardstown, Dublin 15.

Fidelity International will move next month into 2,462sq m (26,500 sq ft) in the former offices of Royal Bank of Canada, which has relocated to nearby George's Quay Plaza, also owned by Green Reit.

Read full piece here

Irish Independent | Fidelity signs on for George's Quay House

Property firm Green REIT has persuaded financial business Fidelity International to take 26,500 sq ft at its Georges Quay House in Dublin 2.

Fidelity will take the space from March this year. It was formally occupied by Royal Bank of Canada.

Green's asset management director Ronan Webster commented; 'We are delighted to secure Fidelity International as tenants in Georges Quay. With the letting to Fidelity International and the retention of Royal Bank of Canada within the Georges Quay estate, we continue to keep occupancy at 100pc in one of Dublin's finest office locations.'

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Silicon Republic | Investment giant Fidelity signs leases for new Dublin city centre offices

US investments and fintech giant Fidelity Investments has signed two leases to rent 6,317sqm of office space at George's Quay House in Dublin 2, which faces the Custom House on the other side of the River Liffey.

The office space deal is understood to be one of the largest office-letting deals signed so far this year. The deal was handled by owners Green Reit, which acquired the building from Cosgrave Property Group in 2014 for €375m.

It is understood that Fidelity will, at first, move members of its workforce into 2,462sqm offices that were formerly occupied by Royal Bank of Canada.

Read full piece here