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29 April, 2015

HWBC Appoints Its New MD

HWBC have appointed Tony Waters as its new Managing Director.  Tony takes over from Jonathan Hillyer who is stepping down by rotation after a three-year term. Tony was one of the founding Directors of HWBC in 2005 and has more than 35 years experience in the property industry. HWBC have also announced the appointment of Iain Sayer as Divisional Director in the Investment Department. The following four promotions have also been made in the company, Gavin Walsh - Associate Director, Emma Murphy - Associate Director, Patrick Campion - Divisional Director and Sharon Walsh - Divisional Director.

25 March, 2015

HWBC advise on acquisition of prime IFSC office investment

HWBC advised Irish Life on their recent purchase of 1 Harbourmaster, IFSC for €50m.  The 62,000 sq.ft office building overlooks Georges Dock in the heart of the IFSC and is currently let to KPMG for c.11 years. The Harbourmaster buildings were amongst the first modern office blocks to be built in the IFSC and specified to such a high standard that the buildings still compete on the same level as those newer buildings built since. Harbourmaster 1 was a rare opportunity for Irish Life to benefit from a long income stream to an excellent covenant whilst benefitting from an attractive yield of ...

23 March, 2015

HWBC Selling Exciting Investment Opportunities in EastPoint, Dublin 3

HWBC are delighted to bring a rare retail investment opportunity (in one or more lots) at EastPoint Office Park, Dublin 3 to the market with a guide price of €1,900,000.  Eastpoint is located on the Northside of the City, Dublin 3, off Alfie Byrne Road which connects the East Wall Road with Fairview.  Eastpoint is approximately 10 minutes from the City Centre and within walking distance of the International Financial Services Centre (IFSC).  The area hosts a number of high profile commercial occupiers including Google, Whirlpool, Yahoo, Oracle, Citrix Systems, UPC and Enterprise Ireland to name a few. The investment comprises three ...

23 March, 2015

Armchair Pundit Winner 2015

Congratulations to Michael White of Canada Life Investments who is the winner of this year’s HWBC 6 Nations Armchair Pundit competition. Runners up were Kieran Ryan of KR Professional Advisors Ltd. and Ronan Webster of Green Property. For the unlucky participants there is still plenty of opportunity to avail of prizes and bragging rights in our Rugby World Cup competition later in the year.  Details to follow soon.

18 March, 2015

Classon House Office Space Fully Let

Green Reit have leased all 6,967 sq.m. (75,000 sq.ft.) of office space in Classon House.  Joint agents HWBC and CBRE handled the lettings.  For more details please see here.

16 March, 2015

HWBC achieve premium price for CBD Georgian mixed investment

HWBC have successfully sold No. 10 Harcourt Street, Dublin 2 for a price of €1.3m compared to a €1m guide price. This price equates to €313 per sq.ft capital value. The property comprised a four storey over basement mid-terraced Georgian building extending to approximately 4,144 sq ft. The income was €78,796 p.a. which provided the investor with an income yield of 5.8% with potential to grow the income yield by letting the two vacant office suites on the 1st and 2nd floors. The investment was ideally located approximately 100 yards from St. Stephen’s Green in the heart of the CBD. Jonathan Hillyer, who ...

11 March, 2015

HWBC advises Credit Suisse on second purchase

HWBC acted on behalf of Credit Suisse on the acquisition of One Grand Parade for a price of €18.1 million.  One Grand Parade is a six-storey block with 2,929 sq.m. (31, 534 sq.ft.)  of office space and a basement car park with 15 spaces, producing a rental income of €759,474.  The ground floor with a surface area of 299sq.m. (3,218 sq.ft.) is currently vacant. The remainder of the building is occupied by Zendesk International Ltd., Oasis Global Management Co. and the Kuwaiti embassy. This is the second time HWBC have acted on behalf of Credit Suisse, the first being their purchase of ...

28 January, 2015

Our Armchair Pundit Competition is Back!

Win a dream trip to see Ireland take on France in Cardiff at the Rugby World Cup 2015.  Click the link below for all the details you need to enter this exciting competition: HWBC Armchair Pundit Competition 2015          

In line with Government advice and for the benefit of everyone, HWBC's Harcourt Street offices are closed until further notice. We remain fully operational remotely and you should continue to contact us in the normal way. Contact details for all staff can be found by clicking on the link below, stay safe.

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