Green Reit in talks to acquire €50m Cork office block
The €50m Grade A office block in Cork city centre will be the largest office block constructed in the second city once complete later this year. PricewaterhouseCooper (PwC) and security systems company Tyco have agreed to take up much of the office development which has capacity for up to 1,700 people.
Although Green has said there is no guarantee of a deal, a positive outcome would mark somewhat of a watershed for Cork commercial property and represent a significant endorsement of the work done by developer John Clery to bring the project to fruition and attract long-term occupancy contracts from the likes of PwC and Tyco.
