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 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.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times