26th Jan 2016 17:30
Green REIT signs leases with Fidelity International at George's Quay, Dublin 2
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Dublin, 26 January, 2016 | Green REIT Plc, ("Green REIT"), the Irish property investment company, confirms that it has signed leases with FIL Transaction Services Limited ("Fidelity International") at Georges Quay House in Dublin 2. Fidelity International will take tenancy in February 2016 of 26,500 square feet in the former offices of Royal Bank of Canada, who have relocated to Georges Quay Plaza, a nearby office block also owned by Green REIT. It has also signed a lease on 41,500 square feet of space being vacated by Invesco and Twitter later in 2016. Both leases will be at a rent of €49 per square foot.
Ronan Webster, Asset Management Director of Green Property REIT Ventures Limited 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 100% in one of Dublin's finest office locations."
Fidelity International is a global investment and retirement savings business with offices in 24 countries serving clients across Asia Pacific, Europe, the Middle East and South America.
JLL were agents on the transaction.
Contacts
Green Property REIT Ventures (Investment Manager to the Company)
Niall O'Buachalla
+353 (0) 1 2418400
FTI Consulting (IR and PR to the Company)
Dublin London
+353 (0) 1 6633686 +44 (0) 203 727 1000
Mark Kenny Giles Barrie
Jonathan Neilan Claire Turvey
Melanie Farrell
About Green REIT Plc
Green REIT Plc is an Irish Real Estate Investment Trust ("REIT") and is listed on the Irish and London Stock Exchanges. The Company was the first REIT established in Ireland following the introduction of REIT legislation by the Irish Government. The Company's stated strategy is to create a property portfolio consisting primarily of commercial property in Ireland to deliver income and capital growth through opportunistic investments, active property management and prudent use of debt finance. Please visit www.greenreitplc.com
Note on forward-looking information
This Announcement contains forward-looking statements, which are subject to risks and uncertainties because they relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company or the industry in which it operates, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements referred to in this paragraph speak only as at the date of this Announcement. The Company will not undertake any obligation to release publicly any revision or updates to these forward-looking statements to reflect future events, circumstances, unanticipated events, new information or otherwise except as required by law or by any appropriate regulatory authority.
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