THE VISTA BUILDING - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/f/7/f... · luxury coach to Dublin Airport from the Tara Towers Hotel adjacent to Elmpark Green, with a journey

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T H E V I S T A B U I L D I N G

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T H E V I S T A B U I L D I N g

T H E H I G H L I G H T S 0 4

G E N E R A L O V E R V I E W 0 6

L O C A T I O N 0 8

A M E N I T I E S 1 0

T R A N S P O R T L I N K S 1 2

T H E V I S T A B U I L D I N G 1 4

S C H E D U L E O F A C C O M M O D A T I O N 1 7

F L O O R P L A N S 1 8

S I T E P L A N 2 0

T E N A N C Y I N F O R M A T I O N 2 2

T H E S E A M A R K 2 3

C O V E N A N T I N F O R M A T I O N 2 3

C O N T A C T 2 4

TABLE OF CONTENTS

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The Vista Building provides the opportunity to acquire a Grade A HQ Office Block with strong reversionary potential

8 STOREYOver basementHQ office building

Each floor plateis approximately1 ,200 SQ M

Extending to8,540 SQ M 91,927 SQ FT (NIA)

70underground parking spaces

Rent of€1,683,890 P.A.

GuarantorBNP PARIBAS

Highly

REVERSIONARY

HOST OFAMENITIESnearby

Fitted toGRADE Aspecification

100%occupied by Novartis Ireland Ltd

Unexpired term of 5.45 YEARS

T H E H I G H L I G H T S

Highly accessible location900 M to the DART

0504

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G e n e r a l O v e r v i e w

Elmpark Green is a mixed use development of high quality offices and multi-family units on a site of 7 hectares located on the Merrion Road in Dublin 4.

It extends to approx. 400,000 sq. ft. of commercial space consisting of four, detached headquarter office blocks, a café and crèche along with 340 multi-family units and 850 basement car parking spaces.

Excellent public transport links to Elmpark Green are enhanced by Bleeper Bikes, GoCar stations and the Elmpark Green Shuttle Bus which connects the N11 corridor at peak hours with the service running every 20 minutes.


e L M P A R K G R E E N

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1 ElmPark Green2. Potential Development area3. Elm Park Golf Course4. St. VIncent's Hospital5. St. VIncent's Private Hospital6. OMG Group7. Aviva Stadium8. AIB Bank Centre9. US Embassy10. RDS11. St. Stephens Green12. Trinity College13. IFSC14. Google15. Facebook16. Convention Centre17. CAPITAL DOCK18. Dublin LANDINGS19. 3 arena

L o c at i o n

Elmpark Green is a highly successful and established business and residential environment located on the Merrion Road in Dublin 4. Situated 4.4km from St. Stephen’s Green and 2 minutes from Ballsbridge, Elmpark Green offers a mixed use environment in a highly accessible location.

Elmpark Green benefits from prime transport links with Booterstown and Sydney Parade Dart stations on the doorstep to the scheme as well as a Quality Bus Corridor with an Aircoach link direct to Dublin Airport. It is also easily accessible by car with it being in close proximity to the City Centre, Dublin Port Tunnel and M50.

The Park is accessed directly from the Merrion Road, one of the main arterial routes linking south Dublin to the city centre. The development fronting onto and directly accessed from Merrion Road is situated on a pivotal 7 hectare (17.3 acre) site which dominates its environs.

Other well-established internationaloccupiers in the park are Allianz and Willis Towers Watson. Nearby occupiers in the vicinity include AIB, Goodbody Stockbrokers and Zurich.

1 . ELMPARK GREEN

2. ELM PARK GOLF COURSE

3. ST. VINCENT'S HOSPITAL

4. ST. VINCENT'S PRIVATE HOSPITAL

5. OSG GROUP

6. AVIVA STADIUM

7. AIB BANK CENTRE

8. US EMBASSY

9. RDS

10. ST. STEPHENS GREEN

11. TRINITY COLLEGE

12. IFSC

13. GOOGLE

14. FACEBOOK

15. CONVENTION CENTRE

16. CAPITAL DOCK

17. DUBLIN LANDINGS

18. 3 ARENA

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A m e n i t i e s

The major attraction of Elmpark Green is it's proximity to a host of amenities which makes it a unique first class office development.

“The Club @ Elmpark Green” is a recent initiative that acts as a platform for events, social media and communication for the tenants of Elmpark Green. It creates an annual programme of events and activities to encourage interaction and socialising amongst the tenant companies, employees & residents and promotes a greater work/life balance.

The Club @ Elmpark Green is complemented by the free to use outdoor Gym located in the Plaza and a dedicated 1.5km walking route within the campus.

There are a 3 nearby shopping centres (Merrion, Blackrock and Frascati Shopping Centres) and a number of hotels; Tara Towers, Clayton, Herbert Park, Radisson Blu and InterContinental hotels just minutes away.

The adjoining Tara Towers was recently acquired by Dalata and construction is due to start shortly on it's redevelopment into 140 bed 4 star hotel.

Ballsbridge, Ireland’s Embassy belt and Dublin’s premier residential address is only 2 minutes from Elmpark Green. Ballsbridge with its bustling village atmosphere and many fine restaurants, pubs, hotels is also the home of two of Ireland’s premier sporting and recreation venues, the Aviva Stadium and the RDS.

bleeper bikes

outdoor excercise stations

NEarby BOOTERSTOWN DART STATION

ABUNDANT GREEN SPACE

CLAYton hotel, ballsbridge

Onsite Childcare Facilities

PRIVATE shuttle BUS

GO CARs available on campus

SUPERB COASTAL LOCATION

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N81

N4

N7

N11

N11

N11

M50

M50

M50N3

M50

BOOTERSTOWN

SYDNEY PARADE

SANDYMOUNT

LANDSDOWNE RD

GRAND CANAL DOCK

PEARSE ST

TARA ST

CONNOLLY

HOWTH ROAD

KILLESTER

HARMONSTOWN

RAHENY

BLACKROCK

SEAPOINT

SALTHILL &MONKSTOWN DUN LAOGHAIRE

GLENAGEARY

SANDYCOVE & GLASTHULE

DALKEY

KILLINEY

D U N D R U M

B L A C K R O C K

T E R E N U R E

R A T H M I N E S

I N C H I C O R E

D R U M C O N D R A

B A L L S B R I D G E

D O N N Y B R O O K

P H O E N I XP A R K

B L A N C h a r d s t o w n

F O X R O C K

D A L K E Y

D U NL A O G H A I R E

C L O N T A R F

R A T H F A R N H A M

S A N D Y F O R D

C I T YC E N T R E

St. Stephens Green

I F S C

s o u t h d o c k l a n d s


D A R T

Travel Times from Booterstown DART Station

— Tara Street 13 minutes — Grand Canal Dock 8 minutes — Dun Laoghaire 8 minutes

C A R

Travel times outside of peak hours— Ballsbridge 4 minutes— Dublin Airport 26 minutes via Port Tunnel — IFSC 17 minutes — St. Stephen’s Green 8 minutes— South Docks 14 minutes — Sandyford 16 minutes — M50 13 minutes

D U B L I N B U S

There are multiple bus routes which serve Elmpark Green for North and South Dublin every few minutes

A I R C O A C HThe Aircoach service offers direct access by luxury coach to Dublin Airport from the Tara Towers Hotel adjacent to Elmpark Green, with a journey time of just 30 minutes.

P R I V A T E C A R P A R K

Elmpark Green is easily accessible by car from South County Dublin and Dublin City Centre. The Vista building offers an excellent car parking ratio when compared with Dublin City Centre.

P R I V A T E S H U T T L E B U SElmpark Green provide a shuttle bus service to the N11 corridor at peak hours with the service running every 20 minutes.

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T h e V i s ta B u i l d i n g

Comprises an 8 storey over basement HQ office building, extending to 8,540 sq. m/ 91,927 sq.ft (NIA) with 70 underground parking spaces.

The building was designed and finished to the highest standards with an impressive full height glazing at each floor level.

Each floor plate is approximately 1,200 sq. m. and is fitted to award winning Grade A specification with an impressive double height atrium and four storey winter garden.

Two cores, with two lifts per core, serve each floor level and the basement.

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Floor Sq m Sq ft

BASEMENT 374.0 4,025

GROUND FLOOR 594.5 6,339

FIRST 795.5 8,562

SECOND 778.6 8,380

THIRD 1,266.6 13,634

FOURTH 1,250.3 13,458

FIFTH 1,159.9 12,485

SIXTH 1,159.5 12,481

SEVENTH 1,161.4 12,501

TOTAL NIA 8,540.3 91,927

The above areas are provided by Murphy Surveys. The net floor area stated in the lease is 85,153.42 sq. ft. NIA together with 3,141 sq. ft. (GIA) of storeroom space. Novartis also have a storeroom of 944 sq. ft.

A c c o m m o d at i o n

The Building has been measured on a Net Internal floor area basis.

70 basement car parking spaces

G R O U N D F L O O R594.5 SQ M / 6,339 SQ FT

G R O U N D F L O O R

R E C E P T I O N

FRIDGES

GENTS

LADIES

LIFT

LIFTLIFT

LIFT

LIFTLIFT

T H I R D F L O O R1,266.6 SQ M / 13,634 SQ FT

For i l lustrative purposes - not to scale

O P E N P L A N O F F I C E

MEETINGROOM

MEETINGROOM

ATRIUMVOID

LADIES

LADIESI.T. ROOM

GENTS

GENTS

LIFT

LIFT

LIFT

LIFT

LIFT

LIFT

LOBBY

LOBBY

PRIVATEROOM



MEETINGROOM

MEETINGROOM

MEETINGROOM

ATRIUMVOID

I N D I C at i v e F l o o r p l a n s

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C A F É

g i r a f f e c h i l d c a r e

L L A N D A F F T E R R A C E

B l o c k C n o v a r t i s


c o n f e r e n c ec e n t r e

l e i s u r e c e n t r e

t h e b a y

t h e l i n k s

w i l l i s t o w e r s w a t s o n

a l l i a n z

T h e S E A M A R K B u i l d i n g

h e s k i n c o u r t

E L M P A R K G O L F C O U R S E

R E S I D E N T I A L

C O M M E R I C A L

ELMPARK GREEN

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Lease Details TENANT NOVARTIS IRELAND LTD.

GUARANTOR BNP PARIBAS*

TERM 10 YEARS FROM 11TH NOVEMBER 2013

UNEXPIRED TERM 5.45 YEARS

PASSING RENT €1,464,252.22 PER ANNUM

RENT REVIEWS YEAR 5 UPWARD / DOWNWARD CAPPED & COLLARED AT 15%

NEXT RENT REVIEW 11TH NOVEMBER 2018

RENTAL UPLIFT AT RENT REVIEW (+ 15% CAP) €1,683,890 PER ANNUM **

LEASE FLOOR AREA (NIA) 89,238.42 SQ FT / 8,290.45 SQ M

MEASURED FLOOR AREA (NIA) 91,927 SQ FT / 8,540 SQ M

NO. OF CAR SPACES 70 BASEMENT SPACES

t e n a n c y I N F O R M A T I O N

* Guarantee for payment of yearly rent, service charge and insurance premium up to a maximum aggregate liability of €3,000,000 for a period of 10 years from 11/11/2013 (by way of side letter).* * Landlord to underwrite rent between date of sale and review date.

T h e S e a m a r k

The Seamark Building will deliver 16,940 sq m (182,000 sq ft) of Grade A office accommodation and will further enhance the growing Elmpark Green community. It comprises an eight-storey office block that has been designed to the highest standards with sustainability at the forefront. The building has a target BER rating of A3 and a target LEED rating of Platinum. Both blocks work independently of each other or can be seamlessly combined to facilitate two fully independent office blocks featuring separate double-height glazed reception areas. The building will cater to office requirements ranging from 20,000 – 182,000 sq ft and is being marketed with a quoting a rent of €425 per sq m (€39.50 per sq ft) and €2,500 per car space. Practical Completion is expected by July 2018.

C o v e n a n t I n f o r m at i o n

Novartis is one of the world’s largest pharmaceutical companies operating in 140 countries and recording global revenues in excess of $50billion for the 2017 fiscal year. Novartis was one of the first pharmaceutical companies to locate in Ireland establishing its first operation within the country in the 1950’s. Today Novartis Ireland Limited is one of the leading employers in the healthcare sector, employing over 1,600 people. Elmpark Green is home to Novartis’s Global Business Services Centre (GBSC) and Commercial Pharma Operations.

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G U I D E We are guiding €39m which equates to a NIY of 3.98% a reversionary yield of 8.56% and a capital value of €424 per sq ft, assuming standard purchaser's costs of 8.46% and based on a rent of €37.50 per sq ft and €2,500 per car parking space. T E N U R E999 year Long Leasehold V A T Further information available upon request D A T A R O O M A C C E S Swww.vistabuildingdublin.com B E R

Tenants not affected

S O L I C I T O R

A&L GoodbodyIFSC North Wall Quay Dublin 1

S E L L I N G A G E N T S

To arrange inspection please contact the joint selling agents:

Kyle Rothwell Michele McGarry(01) 618 5502 (01) 633 [email protected] [email protected] No. 001528 PRSA No. 001223

Stephen Aherne Stephen Conway(01) 618 5718 (01) 633 [email protected] [email protected]

Disclaimer: The above particulars are issued by Colliers International and CBRE on the understanding that all negotiations are conducted through them. Every care is taken in preparing the particulars which are for guidance only and neither firm hold themselves liable for any inaccuracies. Maps are not to scale and areas/dimensions are approximate. All reasonable offers will be submitted to the owners for consideration but the contents of this brochure will not be deemed to form the basis of any contract subsequently entered into.

C O N TA C T S

Mairead SherlockT: (01) 649 2000 [email protected] .

David FitzgeraldT: (01) 649 2000dfitzgerald@algoodbody.

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THE VISTA BUILDING - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/f/7/f... · luxury coach to Dublin Airport from the Tara Towers Hotel adjacent to Elmpark Green, with a journey