November 30, 2023

Fully refurbished Dublin docklands building with strong tenant line-up came close to €50m sale earlier this year.

Following on from the recent letting of the entire first floor (11,217sq ft) at Central Quay in Dublin south docklands to Millenium Capital Partners, Hibernia Real Estate Group has now secured Peninsula Petroleum as tenants for part of the building’s second floor. The company has agreed to take 3,845sq ft of space at the building. Both tenants are understood to have committed to a rent of about €54 per sq ft.

The latest letting was handled on Hibernia’s behalf by Rob Mulcair of CBRE while John Shannon of Cushman & Wakefield represented Peninsula Petroleum.

Commenting on the transaction, Mr Mulcair said: “It’s fantastic to see Central Quay nearing full occupancy following its refurbishment. The letting to Peninsula adds another high-calibre tenant which is a testament to the landlords in delivering such a high-quality offering.”

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