B 1 key performance indicators 2 investment summary 5 connected to the city and beyond 6 feel the beat of the city 8 an outstanding opportunity 11 a full house 17 building specification & architectural distinction 18 a state of the art mixed-use development 20 floorplans 22 docklands occupiers 26 the docklands development pipeline 28 a destination for institutional capital 30 the next investment of scale 32 the irish economy & investment market 34 dublin hotel market 36 further information 38 a great €4.65m dublin, 9.6m passing rent overseas visitors performance step onto In 2016, the number of visitors key performanceBase Rent €2.93m to Ireland grew by 10.9% from dublin's Turnover Rent €1.72m the stage indicators Base rent, accounting for 63% of the total, is subject to 5 superior 4 yearly upward only CPI linked rent reviews. star hotel close to the action €4.6bn overseas tourist revenue In 2016, overseas tourist 3Arena revenue grew by 6.9% 17.8 yrs 1 min largest unexpired lease term The Convention Centre 12 mins city centre hotel completed in this cycle (2010) The IFSC 16 mins 83% Dublin occupancy Bord Gáis Energy Theatre 20 mins Operated by Dalata an internationally renowned hotel operator Aviva Stadium 15% 25 mins 252 increase in Dublin RevPAR 2016 Croke Park en-suite rooms 35 mins 25 yrs 38 7,727 a transport hub Hotels Bedrooms Entire let under a 25 year lease from 28th Dalata operate 38 hotels and 7,727 bedrooms June 2010 in Ireland and the UK 1 2 2 5 12 minute walk minute walk minute walk minute walk minutes by car 4 5 investment summary Dublin’s Showcase Hotel Investment Opportunity • Exceptional 4-star hotel and one of Dublin’s largest with 252 en-suite bedrooms • A landmark development designed by Scott Tallon Walker and completed in 2010 to the highest specification • Located in Dublin’s Central Business District – adjacent to the Luas Red Line, Dublin Port Tunnel and 12 minutes by car to Dublin Airport • The location is a destination for multinational corporate occupiers including Google, Facebook, JP Morgan, Citi, Central Bank • Let to subsidiary of Dalata Hotel Group plc – Ireland’s largest hotel operator • Lease structure incorporates a base rent which is subject to upward only CPI linked rent reviews and a variable turnover top-up • Expected 2017 rent of €4.65m with an attractive unexpired lease term of 17.8 years • The base rent is currently €2.93m per annum; the variable rent, linked to turnover, is forecast to be €1.72m in 2017 • Tenant not affected The base rent, with its unexpired term of 17.8 years, upward only CPI linked rent reviews and exceptional covenant strength provides a rare and stable income play. The turnover top-up allows investors to capitalise both on current favourable hotel market conditions and the future corporate and leisure demand drivers resulting from the significant development pipeline in the immediate area. NORTH CIRCULAR ROAD 6 CROKE PARK RUSSELL STREET 7 BERKELEY STREET PORT NORTH DOCK NORTH CIRCULAR ROAD TUNNEL EASTPOINT STREET WEST ROAD NORTH DOCK WEST ROAD SUMMERHILL PARADE PHIBSBOROUGH ROAD NORTH STRAND ROAD EASTPOINT STREET SEAVIEW AVENUE EAST MOUNTJOY PORTLAND ROW connected to the city EASTPOINT STREET SQUARE PARK EAST WALL ROAD MOUNTJOY SQUARE SOUTH SUMMERHILL GARDINER ROW NORTH STRAND ROAD BARGY ROAD WEST ROAD and beyond DORSET STREET PROMENADE ROAD RAVENSDALE ROAD GRANBY ROW PARNELL SQUARE EAST T ROYAL CANAL EE ROUTE TO PORT TUNNEL TR L S EL AND DUBLIN AIRPORT RN PA CONNOLLY DOMINICK STREET UPPER STATION L SEAN MACDERMOTT STREET LOWER ST MARY’S ROAD L GATE I H THEATRE Walking Times N RAILWAY STREET O I T GRANGEGORMAN LOWER U T I CHURCH ROAD MERCHANT’S ROAD T S N SEVILLE PLACE TOLKA QUAY ROAD Point Square Luas Stop 1 min O EAST ROAD C K FOLEY STREET SHERIFF STREET LOWER H I N LOWER STREET GARDNER T G ’S R I NN O S N T ORIEL STREET UPPER EAST WALL ROAD Docklands Rail Station 12 mins R R T E HARBOURMASTER PLACE E E E DOCKLANDS ALEXANDRA ROAD P E T P R STATION T U S SHERIFF STREET LOWER T G E N E I K R TALBOT STREET T S SHERIFF STREET UPPER H C AMIENS STREET R BRUNSWICK STREET NORTH U H C ALEXANDRA ROAD MAYOR STREET LOWER PARNELL STREET Point Square Luas Times GUILD STREET BUSÁRAS PARK LANE H ABBEY NORT KING STREET HENRY STREET THEATRE GPO UPPER STREET O’CONNELL Connolly Luas 6 mins DUBLIN PORT CHQ CAPEL STREET CAPEL NCI CUSTOM HOUSE EXCHANGE PLACE COMMONS STREET CHURCH STREET BERESFORD STREET STREET BERESFORD CUSTOM HOUSE QUAY QUEEN STREET CUSTOM HOUSE QUAY CONVENTION PARK LANE Busáras Luas 6 mins CENTRE MARY STREET LITTLE EDEN QUAY NORTH WALL QUAY EAST WALL ROAD SMITHFIELD MAY’S LANE MARY’S LANE 3ARENA BOW STREET NEW WAPPING STREET NORTH WALL QUAY GEORGE’S QUAY CASTLEFORBES ROAD BURGH QUAY CITY QUAY TARA SEAN O’CASEY BRIDGE LIFFEY ST LOWER ST LIFFEY BACHELOR’S WALK D’OLIER STREET POOLBEG ST STREET RIVER LIFFEY STATION SIR JOHN ROGERSON’S QUAY HAMMOND LANE ASTON QUAY Drive Times SAMUEL BECKETT BRIDGE SIR JOHN ROGERSON’S QUAY Y TARA STREET CAPEL STREET CAPEL UA Q LUKE ST ARRAN QUAY ON MOSS STREET MPT CRA TOWNSEND STREET Dublin Port Tunnel 2 mins EAST ST ARRAN FLEET STREET TOWNSEND STREET TOM CLARKE BRIDGE CHURCH STREET USHER’S QUAY LIME STREET LOMBARD STREET EAST INNS QUAY ORMOND QUAY UPPER CHANCERY PLACE CHANCERY HANOVER STREET EAST CARDIFF LANE PEARSE STREET FORBES STREET BENSON STREET T ESSEX QUAY ASGARD ROAD MARK STREET HANOVER STREET EAST S YORK ROAD Dublin Airport 12 MERCHANT’Smins QUAY E T WOOD QUAY GREEN STREET E G E D E I STREET ANGLESEA R R B T HANOVER QUAY S R UPPER ST FOWNES PARLIAMENT STREET PARLIAMENT E N R COLLEGE GREEN PIGEON HOUSE ROAD W E O V DAME STREET L A T PEARSE STREET TREET D S E BON GRAND CANAL ER N SUFFOLK ST ERNE STREET LOWER OLIV I MACKEN STREET BRIDGEFOOT STREET W LORD EDWARD STREET GRAND CANAL GRAND CANAL QUAY CAMBRIDGE ROAD PEARSE PEARSE STREET THEATRE TRINITY COLLEGE STREET HIGH STREET STATION EXCHEQUER ST W ICKL NASSAU STREET O T W GRAND CANAL BRIDGE HOM ST AS BOYNE STREET DODDER RIVER STREET WESTLAND ROW SHIP STREET GREAT RINGSEND ROAD RINGSEND CUMBERLAND ST PARK SETANTA PLACE CLARE STREET FITWILLIAM QUAY ERNE STREET UPPER GRAFTON STREET Mainline Rail / Dart SOUTH DOCK STREET IR CLARENDON STREET I MOLESWORTH ST MERRION ST LWR S EARL STREET SOUTH SOUTH LOTTS RD H GRAND CANAL QUAY T SOUTH WILLIAM STREET HOGAN PLACE O SHELBOURNE W MERRION SQUARE NORTH PARK N R FRANCIS STREET FRANCIS STREET NICHOLAS O A D MEATH STREET MEATH GOLDEN LANE LEINSTER Green Luas Line HOUSE GORDON STREET HOLLES STREET GAEITY BARROW STREET THEATRE MERRION ST PATRICK’S KILDARE STREET PARK MERRION SQUARE WEST SQUARE THE COOMBE MERCER ST LOWER GRAND Red Luas Line ST STEPHEN’S GREEN NORTH MERRION SQUARE SOUTH CANAL DOCK AUNGIER STREET PETER STREET YORK STREET STATION ARDEE STREET ARDEE PATRICK STREET SHELBOURNE HOTEL K EV ST LUKE’S AVENUE IN MERRION ROW S FITZWILLIAM LANE MERRION SQUARE EAST S TR STEPHEN’S PLACE T JOHN STREET SOUTH EE EP Luas Cross City Line T U HE P MERRION STREET UPPER N PE BISHOP STREET ’S R H LA T NE U HUME ST MOUNT STREET UPPER O S MERCER ST UPPER ST MERCER BAGGOT STREET LOWER BATH AVENUE T ST STEPHEN’S NEW ROW S E E GREEN KEVI CUFFE STREET R N STREET LOWER T Dublin Bikes S ELY PLACE CRANMER LANE ST STEPHEN’S GREEN SOUTH MILL STREET W E N JAMES STREET E SHELBOURNE ROAD ST STEPHEN’S GREEN EAST PERCY PLACE FITZWILLIAM STREET LOWER NEW BRIDE STREET BRIDE NEW OSCAR SQUARE PEMBROKE ST LWR Dublin Bus STREET WEXFORD MONTAGUE ST CAMDEN ROW NORTHUMBERLAND ROAD BROWN STREET S HERBERT STREET E LONG LAN ST THOMAS ROAD HADDINGTON ROAD BLACKPITTS LEESON ST LOWER LANSDOWNE PARK R FITZWILLIAM E HERBERT PLACE W SQUARE FITZWILLIAM ST UPPER Proposed Pedestrian Bridges IVEAGH O PERCY PLACE L PLEASANTS STREET GARDENS AVIVA STADIUM T LAD LANE E EBENEZER TERRACE S T E PEMBROKE ROW R T EARLSFORT TERRACE I T P S K L C I S A S L A B R B N A L HATCH STREET UPPER C GRANTHAM STREET CUMBERLAND ROAD HEYTESBURY STREET HEYTESBURY RUTLEDGE TERRACE BAGGOT LANE SHELBOURNE AVENUE WILTON TERRACE MESPIL ROAD LAD LANE UPPER MERTON AVENUE RAYMOND STREET ST ALBIAN’S ROAD CARLISLE STREET CARLISLE 8 9 feel the beat of the city Ireland’s political, economic and cultural centre is a 1. Bord Gáis Energy Theatre lively and contemporary capital city brimming with 2 3 2. 3Arena personality and charm. 3. Croke Park With 1.9m people (greater area), Dublin has benefited 4. Gaiety Theatre from significant investment in recent years. Attracting the world’s top creative talent who aspire to work in 5. Convention Centre Dublin the “tech capital” of Europe, Dublin is a vibrant city 6. Trinity College with a sense of history, a diverse retail offering and multiple leisure activities. 7. Aviva Stadium 4 5 6 7 1 10 11 an outstanding opportunity Opened in 2010, this 252 bedroom purpose-built hotel is extremely well located in the Dublin Docklands, adjacent to the 3Arena and in close proximity to Dublin’s key commercial and financial district. The Gibson was designed by the renowned multi-award-winning architectural firm Scott Tallon Walker, which is responsible for many high profile projects such as the Aviva Stadium, The Spencer Hotel, Riverside One (McCann Fitzgerald Headquarters), RTE Studios and Dublin Civic Offices.