Pharma firm books space for headquarters on St Stephen’s Green

Aralez Pharmaceuticals to occupy 538 sq m in newly refurbished office building

Aralez Pharmaceuticals is to occupy 538sq m of 47-49 St Stephen’s Green on a 12-year lease with a break option in year seven.

Aralez Pharmaceuticals is to occupy 538sq m of 47-49 St Stephen’s Green on a 12-year lease with a break option in year seven.

 

Aralez Pharmaceuticals is to pay in the region €645 per square metre (€60 per square foot) for a new headquarters within the newly refurbished office building at 47-49 St Stephen’s Green. The company is to occupy 538sq m (5,800sq ft) on a 12-year lease with a break option in year seven subject to a six-months rental penalty.

Conor Whelan and Aishling O’Hanlon of QRE advised Aralez on the rental terms with IPUT, owners of the building.