Green REIT lease entire office block

CarTrawler has now expanded into an overall space of 4,738sq m (51,000sq ft)

Classon House: distinctive modern office block in Dundrum Business Park
Classon House: distinctive modern office block in Dundrum Business Park

Green REIT has managed to lease all 6,967sq m (75,000sq ft) of office space in Classon House, a distinctive modern office block in Dundrum Business Park in south Dublin. CarTrawler, the international technology company in the car rental industry, had been leasing 1,893sq m (20,382sq ft) since 2012 but to accommodate future growth it has now expanded into an overall space of 4,738sq m (51,000sq ft).

Other tenants include Milestone Aviation, John West, JB Barry & Partners, Varming Engineers and Strencom. Joint agents HWBC and CBRE have handled the lettings at rents which range from €161 to €236 per sq m (€15 to €22 per sq ft).

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times

On the Money

On the Money

Our weekly personal finance digest will provide you with the insight you need to save money and make smart spending decisions