Leading International Law Firm Walkers Global sign 20 year lease at The Exchange, IFSC

31 January 2018

IPUT plc announces there has been further letting success at “The Exchange”, in the IFSC (Irish Financial Services Centre), Dublin 1.

Leading international Law Firm, Walkers Global, has signed a long-term lease at a rent of €50 psf for the entire 5th floor (19,000 sq ft).

Walker’s Global are an international law firm with offices in several financial services hubs around the world including; Dublin, Singapore and Hong Kong. They will join existing tenants The Food Safety Authority of Ireland and Ronan Daly Jermyn Solicitors who have recently taken occupation within the building.

The Exchange, which completed in October 2017, is the first new build office in the IFSC since 2003. The project has been forward funded by IPUT and benefits from a 2-year rental underwrite from the developer from completion.

Commenting on behalf of IPUT plc Head of Investment Michael Clarke said:

We are very pleased to include another top tier Law Firm as an occupier within the IPUT portfolio and with the benefit of a two year rental underwrite from the developer in place, the focus of our leasing team will continue to be to secure high quality tenants on long term leases.