13
On the instruction of 1 1
On the instruction of
1
11 - 3 E A S T R O A D
Development Overview 04
Location 06
Accessibility 08
The Property 10
Docklands Occupiers 12
The Docklands Development Pipeline 14
Development Potential and Zoning 1 6
Market Overview 1 8
Contacts 20
C O N T E N T S
M I N I M A LV A C A N C Y
C O N T I N U E D P O P U L A T I O N G R O W T H
R E C O R D L O W S U P P L Y
ROBUSTRENTAL GROWTHINFLATION AVERAGING
5.8%
17%
DUBLIN ACCOUNTS FOR
48%OF TOTAL ECONOMIC OUTPUT NATIONALLY
GREATER DUBLIN AREA ACCOUNTS FOR 30% OF ALL ADDITIONAL JOBS CREATED NATIONALLY
€
OF IRELANDS URBAN DWELLERS
LIVE IN DUBLINHOUSEHOLDS INTO PRSSINCE 2011
DUBLIN’S POPULATION IS RISING BY
SINCE BEGINNING OF 2011 A NET ADDITIONAL
PERSONS HAVE BEEN ADDED TO DUBLIN’S POPULATION
PERSONSPER ANNUM
50%
44 ,200
44,200 NET ADDITIONAL
RECORD LOWPRS VACANCY RATE IN
SIGNIFICANTLYBELOW THE 5.9%NATURAL VACANCY RATE
DUBLIN
NATIONAL
1.4% 1.3%
OR
30%
17,400
83,600+
LACK OF INSTITUTIONAL LANDLORDS IN IRELAND
84%OF LANDLORDS OWN TWOOR LESS PROPERTIES
(2014)
LESS THAN
1,150RESIDENTIAL PROPERTIES AVAILABLEFOR RENT IN DUBLIN IN AUGUST 2017
2
2006 2017THE LOWEST SUPPLY FIGURE RECORDED IN A SERIES DATING BACK TO 2006
HPI FORECAST TO INCREASE BY 26%COMPOUND OVERTHE THREE YEARS2017-2019
S T R O N G U N D E R L Y I N G E C O N O M I C F A C T O R S
12minutes by car
2minute walk
2minute walk
5minute walk
1minute walk
HPI RENTS FORECAST TO INCREASE 17% COMPOUNDOVER TEN QUARTERSTO Q2 2019
E X C E L L E N T G R O W T H P R O S P E C T S
A T R A N S P O R T H U B
26%
(2016)
31 - 3 E A S T R O A D2
C O N V E N T I O N C E N T R E
F A C E B O O K
3 A R E N A
C U S T O M H O U S E
G R A N D C A N A L D O C K
G O O G L E
I F S C
C E N T R A LB A N K
S P E N C E R D O C K
Exceptional development site which provides an
opportunity to capitalise on an area undergoing
significant change in the North Docklands.
Comprises a development site
extending to approximately 2.11
hectares (5.21 acres) with extensive
frontage to East Wall Road.
Strategically located in the North
Docklands – a highly sought after
residential and commercial location.
Accessible and convenient location -
Luas, Rail and Bus services available
in the immediate vicinity.
Feasibility study available to
demonstrate the development
potential of the site to accommodate
a scheme comprising 414 no.
apartments and a 120 bedroom
Hotel, subject to planning permission.
Favourable zoning objective
(Strategic Development and
Regeneration Area) – Permissible
uses include Residential and wide
range of commercial uses.
Vacant possession is available in
August 2018 – opportunity to benefit
from short-term income stream while
seeking planning permission for a
scheme of development.
D E V E L O P M E N T O V E R V I E W
Existing and CGI (For Illustrative Purposes only)
51 - 3 E A S T R O A D4
The property benefits from
a prominent location in the
North Docklands – a highly
sought after location to both
live and work. Its proximity
to all city centre landmarks
and attractions enhances the
appeal of the subject location for
tourists to reside.
Docklands Innovation Centre 5
3 Arena 10
National College of Ireland 10
Eastpoint Business Park 15
O’Connell Street 15
Bord Gais Theatre 15
Grand Canal Dock 15
Abbey Theatre 15
Gate Theatre 20
The Spire 20
Grafton Street 25
Trinity College 25
L O C A T I O N
M I N U T E S W A L K
71 - 3 E A S T R O A D6
K E N I L W O R T H
RA
TH
GA
R
RD
T E R E N U R E R D
M I L L T O W N R D
H I G H F I E L D R D
M E S P I L R D
B A T H A V E
MO
UN
T S T L OW
E R
P E M B R O K E R D
SH
EL
BO
UR
NE
R
D
NO
RT
HU
MB
ER
LA
ND
R
D
G R A N D C A N A L S T L O W E R
C I T Y Q U A Y
EA
ST
R
OA
D
BE
AC
H R
D
S C I R C U L A R R D
G R O V E R D
CL
AN
BR
AS
SI
L
ST
L
OW
ER
HE
YT
ES
BU
RY
S
T
GR
AF
TO
N
ST
AU
NG
IE
R
ST
D A M E S T
CA
MD
EN
S
T
LO
WE
R
O'C
ON
NE
LL
ST
GA
RD
INE
R S
TR
EE
T
CA
PE
L S
T
DO
RS
ET
ST
RE
ET
P A R N E L L S T R E E T
W O O D B I N E R D
BE
AV
ER
R
OW
E G L I N T O N R D
T E M P L EB A R
E A S T W A L L
S A N D Y M O U N T
R I N G S E N D
C L O N S K E A G H
S T H E L E N S
R A T H M I N E S
D A R T R Y
R A N E L A G H
P O R T O B E L L O
P O I N TV I L L A G E
D U B L I NP O R T
G R A N D C A N A L D O C K
D U B L I NB A Y
D O N N Y B R O O K
G R A N D C A N A L
R I V E R L I F F E Y
R O Y A L C A N A L
Pearse
Docklands
Grand Canal Dock
Sandymount
Sydney Parade
TaraStreet
Lansdowne Road
D A R T
Four Cour t s
Jer vis
George's Dock
Mayor S quare
Spencer Dock
The Point
Busáras
Connol ly
Smithf ie ld
Abbey Street
Dawson
O’ConnellUpper
Phibsborough
Broadstone
Marlborough
Dominick
TrinityWestmoreland
O'ConnellGPO
M 5 0
St . Stephen's Green
Beechwood
Cowper
Milltown
Harcourt
Charlemont
U N I V E R S I T Y C O L L E G E
D U B L I N
D U B L I N C A S T L E
NationalConcertHall
C O N V E N T I O N
C E N T R E D U B L I N
E A S T P O I N T
B U S I N E S S P A R K
B O R D G Á I SE N E R G Y
T H E A T R E
3 A R E N A
A V I V A
S T A D I U MF I T Z W I L L I A N
S Q U A R E
H E R B E R TP A R K
M I L L T O W NP A R K
E L M P A R KG O L F & S P O R T S
C L U B
M E R R I O NS Q U A R E
T R I N I T YC O L L E G E
S TS T E P H E N ' S
G R E E N
I V E A G HG A R D E N S
N
S
EW
A I L E S B U R Y R D
ROUTE TO PORT TUNNEL AND DUBLIN AIRPORT
AC
CE
SS
IBIL
ITY
Mainline Rail / Dart
Red Luas Line
Green Luas Line
Luas Cross City Line
Dublin Bikes
Dublin Bus
Aircoach
Proposed Pedestrian Bridges
91 - 3 E A S T R O A D8
T H E P R O P E R T YThe property comprises a prominent site of approximately
2.11 hectares (5.21 acres). A number of warehouse units
occupy the site, which is accessed from East Road.
The property is currently occupied, however vacant possession is available by August 2018. This provides the purchaser with an opportunity to benefit from short-term income whilst seeking planning permission for a scheme of development.
The property is currently let to Hireco Dublin Ltd, with an annual rent payable of €85,000 per annum.
The site is bounded by Merchants Square residential development to the east, Island Key apartment complex to the north, East Wall to the west and the rail lines to the south.
A V I V A S T A D I U M
3 A R E N A
F A C E B O O K
G I B S O N H O T E L
C A P I T A LD O C K
D U B L I N P O R T
S P E N C E R D O C K
D O C K L A N D S I N N O V A T I O N
P A R K
C E N T R A LB A N K
11
10
NASSAU STREET
PEARSE STREET
CUSTOM HOUSE QUAY
AM
IEN
S ST
REE
T
CO
MM
ON
S ST
REE
T
EXC
HA
NG
E P
LAC
E
MA
YO
R S
TR
EET
LO
WER SHERIFF STREET LOWER
HARBOURMASTER PLACE
SHERIFF STREET LOWER
ORIE
L ST
REET
UPP
ER
TALBOT STREET
JAM
ES J
OYC
E ST
REE
TG
ARD
NER
STR
EET
LOW
ER
FOLEY STREET
RAILWAY STREET
SEAN MACDERMOTT STREET LOWER
TOWNSEND STREETTOWNSEND STREET
HANOVER STREET EAST
POOLBEG STREET
CITY QUAY
CITY QUAYGLOUCESTER STREET SOUTH
TA
RA
ST
REE
T
LUK
E ST
MA
RK
ST
REE
T
MO
SS S
TR
EET
MERRION ROW
HUME STREET
ELY
PLA
CE
ST S
TEPH
EN’S
GR
EEN
EA
ST BAGGOT STREET LOWER
FRED
ERIC
K S
TREE
T SO
UTH
KIL
DA
RE
STR
EET
MOLESWORTH ST
CLARE STREET
MERRION SQUARE NORTH
MOUNT STREET LOWER
MERRION SQUARE SOUTH
MOUNT STREET UPPER
FITZ
WIL
LIA
M S
TREE
T LO
WER
JAM
ES S
TREE
T EA
ST
POWER’S CT
PERCY PLACE
FITZWILLIAM LANE
MER
RIO
N S
QU
ARE
WES
T
MER
RIO
N S
QU
ARE
EA
ST
STEP
HEN
’S P
LACE
GRA
TTA
N S
TREE
T
HO
LLES
STR
EET
ERN
E ST
REE
T U
PP
ER
ERN
E ST
REE
T L
OW
ER
PEARSE STREET
GRAND CANAL BRIDGE
LIM
E ST
REE
T
HOGAN PLACE
BOYNE STREET
PEARSE STREET
CU
MBE
RLA
ND
STR
EET
SOU
TH
WES
TLA
ND
RO
W
LOM
BA
RD
STR
EET
EAST
MER
RIO
N S
T LW
R
LINCO LN PLA C E
T A R AS T R E E T
S T A T I O N
P E A R S ES T R E E T
S T A T I O N
G R A N D C A N A L D O C K
S T A T I O N
BURGH QUAY
EDEN QUAY
ST STEPHEN’S GREEN NORTH
HAVELOCK TERRACE
BATH AVENUE
LONDONBRIDGE ROAD
HADDINGTON ROAD
CRANMER LANE
GORDON STREETBA
RR
OW
ST
REE
T
SOUTH DOCK STREET
HANOVER QUAY
SIR JOHN ROGERSON’S QUAY
RIVER LIFFEY
GRAND CANAL
ROYA
L CAN
AL
RIV
ER D
OD
DER
FOR
BES
ST
ASG
AR
D R
OA
D
SAM
UEL
BEC
KET
T B
RID
GE
SEA
N O
’CA
SEY
BR
IDG
E
EG
DIR
B E
KR
AL
C M
OT
EAST
WA
LL R
OA
D
EAST
WA
LL R
OA
D
CA
STLE
FOR
BES
RO
AD
NEW
WA
PP
ING
ST
REE
T
PA
RK
LA
NE
PA
RK
LA
NE
GU
ILD
ST
REE
T
SEVILLE PLACE
TH
OR
NC
AST
LE S
TR
EET
YORK ROAD
NORTH WALL QUAY
NORTH WALL QUAY
SHERIFF STREET UPPER
EAST R
OAD M
ERCHANT’S R
OAD
RAVENSDALE ROAD
ST MARY’S ROAD
HAWTHORN AVENUE
CALEDON ROAD
CHURCH ROAD
EAST ROAD
GREEN STREET EAST
BEN
SON
ST
REE
T
GR
AN
D C
AN
AL
QU
AY
MA
CK
EN S
TR
EET
GR
AN
D C
AN
AL
QU
AY
CA
RD
IFF
LAN
E
HANOVER STREET EAST
SOU
TH L
OTT
S R
D
FITWILLIA
M Q
UA
Y
CAMBRIDGE ROAD
RINGSEND ROAD
STEPHEN’S LA NE
MERRIONSQUARE
TRINITYCOLLEGE
GA
RD
INER
STREET M
IDD
LE
C A LEDO N RO A D
KIL
LA
NE
RO
AD
C O N N O L L YS T A T I O N
D O C K L A N D SS T A T I O N
CUSTOMHOUSE
CONVENTION CENTRE
BORD GÁISENERGY THEATRE
SHELBOURNEPARK
LEINSTERHOUSE
SHELBOURNEHOTEL
ROUTE TO PORT TUNNEL AND DUBLIN AIRPORT
DUBLINPORT
6
5
34
7
489
32
42
17
19
30
15
2825
16
39
22
40
20
21
23
24 26 27
38
31
33
235
1
36
43
37
41
11
13
14
18
10
44 12
293
46
45
D O C K L A N D SO C C U P I E R S
1. Yahoo
2. Voxpro
3. Bvlgari
4. Matheson
5. State Street
6. Airbnb
7. Accenture
8. TripAdvisor
9. Logmein
10. HSBC
11. William Fry
12. Capita
13. Facebook
14. McCann Fitzgerald
15. Beauchamps
16. Three
17. Bloomberg
18. Morgan Stanley
19. Grant Thornton
20. Societe Generale
21. Susquehanna Bank
22. Depfa Bank
23. Zurich
24. KPMG
25. Citibank
26. JP Morgan
27. Rabobank
28. A&L Goodbody
29. BNY Mellon
30. AIG
31. Hubspot
32. PwC
33. Central Bank
of Ireland
34. NTMA
35. The Gibson Hotel
36. 3Arena
37. Convention Centre
Dublin
38. The Spencer Hotel
39. Hilton Garden Inn
40. CHQ Building
41. The Clayton Hotel
42. The Marker Hotel
43. Bord Gáis Energy
Theatre
44. Maldron Hotel
45. Trinity College
46. Facebook
131 - 3 E A S T R O A D12
T H E D O C K L A N D SD E V E L O P M E N T P I P E L I N E
CITY BLOCK 3Developer/Owner: Deloitte
(As Receiver)
Description: 463,548 sq. ft. – 360
residential units; 253,278 sq. ft.
commercial
Status: Residential: Planning lodged
Commercial: Pre-planning
2 CENTRAL BANK OF IRELANDHEADQUARTERSDeveloper/Owner:
Owner Occupied / Walls Contractor
Description: 193,200 sq. ft. office
development
Status: Construction completed
Q1 2017
5 DUBLIN LANDINGSDeveloper/Owner:
Ballymore, Oxley
Description:
548,409 sq. ft. office development,
294 residential units
Status: Construction commenced
8
76 SIR JOHN ROGERSON’S QUAYDeveloper/Owner:
Targeted Investment Opportunity (TIO) –
Bennett Group / NAMA / Oaktree
Description: 95,308 sq. ft. commercial
development; 72 residential units
Status: Anticipated PC Q2
11
THE EXO BUILDINGDeveloper/Owner:
Grant Thornton (As Receiver)
Description: 170,375 sq. ft. office
development
Status: Planning Granted.
Anticipated PC Q3 2019
3 THE POINT CAMPUS STUDENTACCOMMODATIONDeveloper/Owner:
O’Flynn Capital Partners
Description: Student residence
development with 966 beds,
on site area of 0.96 hectares
Status: On site, PC anticipated Q2 2018
6 CAPITAL DOCKDeveloper/Owner:
Kennedy Wilson / NAMA
Description: 339,248 sq. ft. office
development; 204 residential units;
restaurant; leisure; crèche; retail and
cultural space
Status: Anticipated PC Q1 2018
9
6 HANOVER QUAYDeveloper/Owner:
Cairn Homes
Description: 64,000 sq. ft. –
120 residential units
Status: On site. Anticipated
PC Q2 2018
12
SPENCER PLACEDeveloper/Owner:
Ronan Group
Description: Mixed use development
of 715,000 sq.ft - Hotel, Office, Retail
Status: Planning granted
4CITY BLOCK 9Developer/Owner:
Deloitte (As Receiver)
Description:
413,211 sq. ft. – 350 residential units
Status:
Pre-planning
1 WINTERTIDEDeveloper/Owner:
PwC (As Receiver)
Description:
310,251 sq. ft. office development
Status: Planning Granted.
Anticipated PC Q3 2019
7 THE REFLECTORDeveloper/Owner:
Park Developments Group
Description: 127,000 sq. ft. office
development; 40 residential units
Status: On site. Anticipated PC
Q3 2018
10
5 HANOVER QUAYDeveloper/Owner: Targeted I
nvestment Opportunity (TIO) –
Bennett Group / NAMA / Oaktree
Description: 162,924 sq. ft. office
development
Status: On site. Anticipated PC Q2 2018
13
BOLANDS QUAYDeveloper/Owner:
Savills (As Receiver)
Description: Approx. 396,661 sq. ft.
office development, 46 residential
units, retail and cultural space
Status: Anticipated PC Q1–Q4 2019
14
4.19 million sq. ft. (NIA) of office accommodation and over 1,600 residential units in pre-planning, planning or construction phase, providing a favourable outlook for future corporate and leisure demand drivers.
13
14
12
10
119
8
1
27
6 3
5
4
4
Existing and CGI (For Illustrative Purposes only)
151 - 3 E A S T R O A D14
The property offers an exceptional
development opportunity in the
North Docklands.
While there is no current planning permission pertaining to the property for future development, a feasibility study has been prepared to illustrate the development potential of the subject site, subject to planning permission.
This feasibility study, prepared by O’Mahony Pike Architects illustrates the potential of the site to accommodate a scheme comprising 414 no. apartments and a 120 bedroom Hotel, subject to planning permission.
This feasibility pack is available from Savills.
D E V E L O P M E N T P O T E N T I A L
Under the Dublin City Development
Plan 2016-2022, the subject property
is zoned Objective Z14 (Strategic
Development and Regeneration Areas).
Objective Z14 may be defined as “to seek the social, economic and physical development and/ or rejuvenation of an area with mixed use, of which residential and “Z6” would be the predominant uses”. Residential and a wide range of commercial uses are permitted in principle and open for consideration under this favorable land use zoning objective, subject to planning approval. The lands form part of Strategic Development and Regeneration Area 6 (Docklands – including SDZ area and Poolbeg West) as illustrated in the below zoning map. The lands are located to the north of the North Lotts and Grand Canal Dock SDZ Planning Scheme.
L A N D U S E Z O N I N G
SDZ
Caption: Zoning Map (Extract Dublin City
Development Plan 2016- 2022)
Plans included are for illustrative purposes only
171 - 3 E A S T R O A D16
Economic Overview
The residential market continues to experience high demand and insufficient supply for apartments and houses in Dublin. However, a number of initiatives have been introduced in 2017 to encourage much needed development and to assist parties purchasing their own homes.
Fast-Track Planning ➢
Recent legislation has introduced fast-track planning for certain types of large-scale residential development from 3rd July 2017.
Under the new regulations, developers may submit planning applications for housing develop-ments of >100 residential units or >200 student accommodation units (or a combination of both) directly to An Bord Pleanála, instead of to local planning authorities as was previously the case.
It is estimated that this could reduce the time in planning for these schemes from approximately 18 months to 7-8 months. This fast-track system will remain in place until December 2019 and, subject to review, may be extended to December 2021.
Help-to-Buy Scheme as introduced in Budget 2017The Help-To-Buy Scheme, in addition to revised and easier mortgage lending for First Time Buyers are both contributing to stronger house price growth.
New National Apartment Planning Guidelines ➢
The new guidelines retain minimum internal apartment sizes but allow for a certain amount of smaller studio-type apartments in certain managed developments. This helps address the minimum number of units with dual aspect, the maximum number of units per lift and revises car-parking
provision in city centres and areas well-served by public transport.
The Dept. of Environment, Community and Local Government estimates these changes could reduce the cost of apartment building by as much as €20,000 per unit in Dublin City. This in return, increases the viability of many developments and encourages further developments to come on stream and enhance much-needed supply. The Dublin market, where affordability was previously a bigger barrier, is experiencing a strong uplift from these combined changes.
We expect 8%-12% house-price inflation across all areas in 2017, with slightly softer inflation in 2018 assuming supply comes on-stream in response to higher prices in 2017.
Notwithstanding recent legislation to limit rent increases to 4% per annum in some areas, investor activity remains strong. This reflects high yields and the opportunities for capital gain. Many investors are buying properties that serve a dual purpose as high-yielding investments and trade-down homes for the investors themselves in the future, or starter homes for their adult children.
Rental Market
Future demand for rental property will be dictated by two factors: firstly, ongoing population growth; and secondly, the proportion of the population that chooses to rent privately over competing tenure types such as owner- occupied housing.
Dublin’s population is currently rising by around 1.3% or 17,400 persons per annum while latest Census figures show a universal tendency towards urbanisation in Ireland. These trends, along with the expectation of increased in-migration, should see Dublin’s population continuing to expand over the coming years.
The number of households renting privately in Dublin has grown by 44,200 since 2011. This number has remained more-or-less flat in 2017
and it remains to be seen whether newly-introduced policy measures, seeking to make home ownership more affordable, will begin to cause a decline in this number.
Firstly, in an acutely under-supplied market, there is a strong possibility that any improvement in affordability due to Help-to-Buy and easier mortgage lending will be quickly inflated away.
Indeed, it is interesting to note that house-price inflation in Dublin has picked up since these new policy measures were introduced at the start of the year.
Secondly, following five years of net outward migration between 2010 -2014, Ireland is now recording positive net in-migration. With a booming economy, this inflow is likely to increase in the coming years. Private renting has typically been the default tenure for new arrived migrants; and all else being equal, we expect this to have a positive impact on rental demand.
Finally, in a context of continued sluggish home building for housing and apartments, any shift from renting to home ownership would inevitably have to be facilitated by the conversion of rental properties to owner occupation.
In this sense, reduced demand for rental accommodation would go hand-in-hand with a reduced supply of rental units, with a largely neutral impact on the vacancy rate which ultimately drives rents.
Rent Forecasts In October 2016, Savills developed and published rental growth forecasts for the Dublin residential market. These forecasts have been updated and now extend out to Q2 2019.
Forecasting Results - DublinThe forecasts produced by the model under our vacancy rate assumptions are summarised below:
Overall continued growth in Dublin residential rents is expected through the forecast horizon.
Rents on new lettings are expected to rise by 17% compound over the 10 quarters Q4 2016 – Q2 2019.
Average rental growth of 7.6% per annum is expected on new lettings over this period, whereas average quarterly growth of 1.6% is forecast.
Annual growth of 6.6% in rents on new lettings is forecast even at the furthest horizon of the forecast window in Q2 2019.
Notes to be considered when interpreting the Forecasting Results:
Firstly, rent controls have been introduced in Dublin and a range of other Rent Pressure Zones since 24th December 2016. Generally, these limit rental growth to a maximum of 4% per annum. However, there are exemptions for properties that have not been previously rented within the last two years (including new units and formerly owner-occupied properties) and for properties where substantial refurbishment works have been carried out. These changes allow for the possibility of a divergence between average rental-growth rates and rental-growth rates on newly-let properties.
Secondly, the modelling input assumptions should be noted. The model is driven by lagged values of the vacancy rate. Our expectation is that the demand for rental property in Dublin should remain robust due to continued
population growth. We allow for a slight tenure shift from private renting to owner occupation, but we do not expect this to be a major factor. This reflects our view that the supposed affordability benefits of Help-to-Buy and easier mortgage lending will be largely erased by rapid house-price inflation, and immigration will drive the demand for rentals.
While there are some signs that the housing development pipeline is beginning to increase, we are also assuming continued lagging supply.
In this context, any shift to owner occupation should have a modest impact on the vacancy rate – that is, any reduction in rental demand is likely to be offset by a reduction in the number of rental units as investment properties (largely those financed with non-performing mortgages) sold back into owner occupation.
Factoring in all of these assumptions we are assuming that the vacancy rate in the Dublin PRS will only rise modestly over the two years to June 2019 – from 1.45% to 1.8%.
Dublin Hotel Market
47% Increase in visitors to Ireland since 2012.
29m expected passengers through Dublin Airport in 2017.
Dublin’s “Europe’s Silicon Valley”.
RevPAR almost doubled in the last 6 years.
The population of the Greater Dublin Area (GDA) is forecast to grow from 1.9m people to 2.4m people by 2026.
European HQ for more than 1,200 International Companies.
10/10 Top “Born on the Internet” Companies.
10/10 Top Global Pharmaceutical Companies.
9/10 Top Global ICT Companies.
15/25 Top Financial Services Firms.
Overseas Arrivals
In 2016, the number of overseas visitors to Ireland grew by 10.9% to 9.6m.
Air Access
Passenger numbers at Dublin Airport exceeded 27.9m in 2016, up 11% (2.8m) on 2015.
By August 2017, passenger numbers were up 6% compared with the same period last year.
Dublin Airport now connects to over 180 worldwide destinations.
Long haul passengers have more than substantially increased since 2010.
M A R K E TO V E R V I E W
191 - 3 E A S T R O A D18
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TitleA title summary is available in the property data room.
ServicesWe understand that all main services are available. Interested parties are also advised to satisfy themselves as to the presence, adequacy and availability of all services to the subject lands.
VATA tax paper is available in the data room.
ViewingsViewings strictly by appointment and to be arranged with the sole selling agent.
Data RoomFurther information is available through a dedicated web based data room.
DOMHNAILL O’SULLIVANDirector, Investment+353 1 618 1364 [email protected]
MARK REYNOLDSDirector, Development+353 1 618 [email protected]
DONAL O’RAGHALLAIGH+353 1 607 [email protected]
JOHN SWARBRIGG Divisional Director, Development+353 1 618 [email protected]
PHILIP FLAHERTY+353 1 511 [email protected]
COLETTE MULROYAssociate, Development+353 1 618 [email protected]
Solicitor
33 Molesworth StreetDublin 2www.savills.ie
McCann FitzGeraldRiverside One37 - 42 Sir John Rogerson’s Quay,Grand Canal Dockwww.mccannfitzgerald.com
Sales Agents
F U R T H E R I N F O R M A T I O N & C O N T A C T S
www.1-3eastroad.com
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www.1-3eastroad.com
