Green REIT PLC Green REIT lets top floor at One Molesworth Street (3607I)
March 21 2018 - 3:00AM
UK Regulatory
TIDMGRN
RNS Number : 3607I
Green REIT PLC
21 March 2018
Green REIT lets the top floor at One Molesworth Street, Dublin
2
Dublin, 21 March, 2018 | Green REIT Plc, ("Green REIT", or "the
Company"), announces that it has signed an agreement with TD Global
Finance Unlimited Company to lease 985 square metres (10,600 square
feet) of lettable space at the Company's flagship office
development at One Molesworth Street in Dublin 2. TD Global Finance
Unlimited Company is an Irish subsidiary of The Toronto-Dominion
Bank and a part of the TD Securities business.
The letting comprises the fifth floor on a 20 year lease and
with a tenant break option at the end of year 13. The annual rent
payable is EUR0.74 million, with the tenant entitled to a nine
month rent free period at the outset of the lease.
Following this letting and previous lettings to Barclays Bank
Ireland plc and Goshawk Aviation, 88% of the total office space at
One Molesworth Street has now been let. The remaining office space,
totalling 725 square metres (7,800 square feet), comprises the
balance of the third floor, which is subject to a Barclays option
which is exercisable by 31 March 2018. Following the lettings to
The Ivy and to Le Pain Quotidien, one retail unit of 820 square
metres (8,800 square feet) remains to be let.
Paul Culhane, Development Director of Green Property REIT
Ventures, commented: "We are delighted to add TD Securities to the
tenant line-up at One Molesworth Street, our flagship office
building at the heart of Dublin's central business district, which
is approaching full occupancy. We are also proud to confirm that
the building has been awarded LEED Platinum certification, the
highest LEED sustainability rating level."
Peter Walker, Vice Chair and Regional Head Europe &
Asia-Pacific, TD Securities, commented: "We are excited about the
opportunities for TD Securities in Ireland and today's announcement
marks another milestone in the expansion of our business there. Our
increased presence in Dublin will help us support our growing
global business, meet the evolving needs of our clients and respond
to the changing regulatory environment."
ENDS
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: Jonathan Neilan / Patrick Berkery
+353 (0) 1 765 0884
London: Giles Barrie / Claire Turvey
+44 (0) 20 3727 1000
greenreit@fticonsulting.com
About TD Securities
TD Securities provides a wide range of capital market products
and services to corporate, government and institutional clients who
choose us for our knowledge, innovation and experience in the
following key areas of finance: investment, corporate and
government banking, capital markets, interest rate, currency and
derivative products. TD Securities works with clients around the
world and our services include the underwriting and distribution of
new debt and equity issues, providing advice on strategic
acquisitions and divestitures, and executing daily trading and
investment needs. To learn more about TD Securities, visit
www.tdsecurities.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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