21st Jun 2016 08:00
LONDON (Alliance News) - Irish property investor Hibernia REIT PLC on Tuesday said it has received full planning permission for the second phase of redevelopment at the Harcourt Square project in Dublin.
Hibernia said, in addition to the approval for the first phase of work, it now has permission for up to 276,500 square foot net internal area of new offices and ancillary accommodation at the project.
"We are delighted to have received full planning permission for phase 2 of Harcourt Square: this is an important step in our plans to deliver nearly 280,000 sq. ft. of new offices in a prime central Dublin location, just two minutes' walk from St Stephen's Green," said Chief Executive Kevin Nowlan.
Hibernia shares were up 1.3% to EUR1.28 Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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