Rents ranging from €538 to €614 per sq m secured for office space at Royal Hibernian Way
Sretaw PE , an investment and property development company headed up by Eamon Waters, has secured three new tenants for its newly-refurbished offices at 12 Duke Lane in Dublin's Royal Hibernian WaySretaw PE , an investment and property development company headed up by Eamon Waters, has secured three new tenants for its newly-refurbished offices at 12 Duke Lane in Dublin’s Royal Hibernian Way.
Commenting on the agreement of the lettings at 12 Duke Lane, Lucy Connolly of Bannon, who represented the landlord, said: “Despite recent market commentary [on the office market] the level of inquiries we received was exceptional. It highlights the demand at present for small, modern, centrally-located floorplates. The rents achieved were at quoting levels and above.”
The new tenants at 12 Duke Lane were represented by David O’Malley of QRE, Shane Bourke of Irish Office Space and Emma Byrne of Finnegan Menton respectively. Developed originally in the mid-1980s, 12 Duke Lane comprises 533sq m of office accommodation over four floors and forms part of the wider Royal Hibernian Way scheme. The development, which is arguably best known as the location of the Davy Stockbrokers head office, extends to an overall area of 8,630sq m and also includes around 1,950sq m of retail and hospitality space.
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