“That would have been €53 million higher without the stamp duty increase,” Mr Nowlan explained. Hibernia will shortly finish work on Two Windmill Lane and One Sir John Rogerson’s Quay, part of its 400,000sq ft Windmill Lane Quarter. Mr Nowlan said it was weighing whether it should let each to a single tenant or to groups of businesses. Mr Nowlan warned that the housing crisis remained a threat to growth. New lettings and rent reviews could add close to €20 million to this total over the coming year, Mr Nowlan calculated.

Source: The Irish Times May 24, 2018 06:54 UTC