Industry & Business

Fine Grain Property acquires 60,000 square feet office development in Cork Airport Business Park

 Breaking News
  • National Survey Highlights Challenges Facing Irish Projects The Ireland Chapter of Project Management Institute (PMI), the largest professional organisation for project managers in Ireland with over 1,300 members, has released its inaugural Annual Index Survey. The national survey completed by members across industries such as IT, construction, pharmaceuticals, and financial services outlined that almost 75% of Irish project management leaders had projects negatively impacted [...]...
  • Calor Begins a New Era of Energy in Ireland Calor Gas, Ireland’s longest established supplier of Liquefied Petroleum Gas (LPG), has launched Ireland’s first certified renewable LPG for homes and businesses. Calor BioLPG will be available throughout Ireland and will allow customers to switch to a green clean renewable alternative. Calor BioLPG is certified at EU level, as offering up to 90% lower emissions [...]...
  • Musgrave Agrees €5 Million Export Deal Musgrave Group, Ireland’s leading food retail and wholesale company, has announced an export deal worth €5 million with Alosra, the Kingdom of Bahrain’s leading high-end supermarket. Alosra is the grocery retail subsidiary of BMMI Group, a long-established retail, distribution and hospitality group that is listed on the Bahraini stock exchange. Under the terms of the agreement, Musgrave will [...]...
  • €900,000 Funding For New Smart Dublin Solutions Smart Dublin is an initiative of the four Dublin Local Authorities to engage with smart technology providers, researchers and citizens to solve challenges and improve city life.  Dún Laoghaire-Rathdown County Council recently hosted the launch of the 2018 Smart Dublin Challenges at dlr LexIcon, Dún Laoghaire-Rathdown’s smart library. The funding has been increased from €600,000 in [...]...
  • Dún Laoghaire-Rathdown County Council Seeks Views on Future of Ballyogan, Stepaside, Carrickmines and Leopardstown Dún Laoghaire-Rathdown County Council has commenced a 6 week pre-draft public consultation process on a new Local Area Plan (LAP) for Ballyogan and Environs. Following this consultation period, a draft LAP will be produced to help frame development in the area over the coming 6 years. The areas covered will include Ballyogan, Kilgobbin, The Gallops/Glencairn (Leopardstown) [...]...

Fine Grain Property acquires 60,000 square feet office development in Cork Airport Business Park

Fine Grain Property acquires 60,000 square feet office development in Cork Airport Business Park
March 16
14:41 2018

New Year, new acquisition! Fine Grain Property is delighted to announce it has acquired a 60,000 square feet office development in Cork Airport Business Park. Plans are already afoot to carry out some important improvements to the Building that will benefit its existing tenants, including Aviva, Aon Hewitt, JLT and Genesis. In addition, a significant refurbishment project is underway, which will result in 20,000 square feet of brand new office space, available to lease from mid-2018.

This new space comes at an ideal time, when there is a lack of high quality rental space in Cork. With rents and the cost of living increasing in Dublin, Fine Grain Property acquired this office development in order to offer an alternative location for premium, affordable office space. Beside Cork International Airport (the fastest growing regional airport in Europe) and located just 8km south of Cork City, Cork Airport Business Park offers an outstanding location that meets occupier demand by offering high quality, spacious, open plan office accommodation for employers.

The business park is just over 2 ½ hours’ drive from Dublin and already caters to the needs of the growing business and technology community with both indigenous and international companies presently based there, including Amazon, IBM, Intel, Bank of New York Mellon, and Logitech, amongst others. This is a great location for attracting and retaining talent. University College Cork and Cork Institute of Technology have over 33,000 students and are less than 20 minutes’ drive away.

Cormac Ó Tighearnaigh, CEO, Fine Grain Property Ireland, said: “Fine Grain Property is passionate about creating great workspaces to help domestic and international employers to attract and retain talent. The Firm’s international experience and presence on the ground in Ireland leaves us very well placed to realise these opportunities, providing tenants with high quality facilities tailored to their individual needs. This acquisition diversifies our portfolio, further illustrating our commitment to invest and develop high quality office spaces located outside of Dublin, in turn assisting to the economic growth of other regional areas. We are pleased to have the continued support of this strategy, from the Ireland Strategic Investment Fund (ISIF), which has invested €25 million in Fine Grain Property’s portfolio fund to date.”

As Fine Grain’s operations in Ireland expand to include Cork, alongside existing substantial buildings in Dublin, Athlone and Galway, we continue to develop further projects around the country. We rely on the same basic formula which has brought success internationally; a thorough knowledge and understanding of the local market, operating under a commitment to “buy well, manage well, and sell well.”

Fine Grain Property is pleased to participate in the vibrant Cork business community, providing property solutions that facilitate the continued development of international and local businesses in the southwest region.
If you have a need for customized workspace solutions to meet the needs of your workforce in Cork, or anywhere in Ireland, please get in touch.

About Author

admin

admin

Related Articles

New Subscriber





Subscribe Here



Advertisements



















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4