OPW to pay €1.1m extra per year to retain Garda HQ

The State is set to pay just over €1m more per year in rent for An Garda Síochána to remain in its Dublin regional headquarters for a further six years.

Publicly-quoted investment fund Hibernia REIT bought the 1.9 acre Harcourt Square site for €70m last year and received planning permission for a total redevelopment and expansion of the site expected to cost around €100m.

However, legal proceedings began earlier this year in relation to various matters, including Hibernia’s full access to the site and the OPW’s desire for a lease extension.