Rohan Holdings’ decision to proceed in the midst of the Covid-19 pandemic with the speculative development of just over 120,000sq ft of industrial and logistics space at Dublin Airport Logistics Park (DALP) would appear to have delivered an early dividend for the company. The Irish Times understands that Fisher Scientific Ireland, a subsidiary of US-headquartered life science specialists, the Thermo Fisher Scientific Group, has agreed to occupy Crane House in its entirety on a 10-year term-certain lease at a rent of €10.45 per sq ft. Separately, it is understood that Cardinal House, which is under construction currently, has attracted a significant level of interest from a number of potential occupiers. When taken together, the company secured occupiers for some 250,000sq ft (23,226sq m) of space during the period. Dublin Airport Logistics Park is widely acknowledged within the logistics sector as one of Ireland’s foremost locations.

Source: The Irish Times February 10, 2021 06:00 UTC