In hindsight, the name Phoenix House has proven particularly apt: rising from the crash, Cork’s €20m-plus Phoenix House third generation office building a mile from City Hall has secured its first, sizeable tenant, Regus — almost 10 years after it was built.

Two new facilities opened by the Minister for Enterprise, Trade and Employment, Micheál Martin, for Citco, the world’s leading provider of hedge fund services, will employ a total of 250 staff.

AN AMERICAN financial services company is to create 250 jobs in Cork, the second jobs boost for the area in two days.

Cork received a major boost today with a second jobs announcement in just two days.