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KPMG selects Hibernia Reit to develop new Dublin headquarters


KPMG selects Hibernia Reit to develop new Dublin headquarters
‘Big Four’ firm enters into exclusive talks with developer on move to Harcourt Square scheme
about 3 hours ago
 
KPMG has selected Hibernia Reit as the preferred bidder for the delivery of its new Dublin headquarters.
Following the receipt of proposals from six of the country’s leading developers, the Big Four accounting and advisory firm had refined its deliberations in recent weeks to consider two other schemes being delivered by Shane Whelan’s Westridge Real Estate and the Kenny family’s Clancourt Group respectively.
The Irish Times understands that KPMG’s partners voted to select Hibernia Reit’s scheme as their preferred option on Thursday night. The parties will now enter into a period of negotiations with a view to finalising the deal. ....

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North Dublin Bank of Ireland branch offers residential opportunity at €900,000


 
The ongoing reorganisation and rationalisation by Bank of Ireland of its branch network presents an interesting redevelopment opportunity for developers and investors involved in the delivery of residential rental accommodation for the Dublin market.
Having operated as one of the bank’s branches for many years, number 85-87 Swords Road is being offered to the market on behalf of its owners, the Layden Group, at a guide price of €900,000.
While the subject property remains let to Bank of Ireland until June 2022 at a rent of €112,000 per annum, it is being marketed by the selling agent, Hooke & MacDonald, as a redevelopment opportunity primarily. ....

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