Ibec plans 'Munster Hub' as it becomes latest to take up residence at Penrose Dock

Business body Ibec is set to expand and recruit new staff with a Q2 2021 move to landmark Cork city office development, JCD Group's Penrose Dock

Reach for the sky: access to the 'Sky Room' for meetings and presentations on the top of Penrose Two at Penrose Dock in Cork helped sway Ibec's new city location choice.

A MOVE by Irish business representative body Ibec to a new ‘Munster hub’ in Cork’s Penrose Dock office development brings the €125m, 250,000 sq ft quayside scheme to 80% occupancy, rounding out an extraordinary year of construction completion and occupancy deals during a global pandemic.

Ibec this week confirmed its lease of 5,000 sq ft at Penrose Dock 1, joining a host of FDI tenants and some others with more indigenous roots such as Grant Thornton, at the John Cleary Developments scheme on Penrose Quay, aiming to take occupation in the second quarter of 2021.