MULTI-FAMILY OPPORTUNITY

T H E

ORANGEC O L L E C T I O N

Executive Review ........................................................ 4Charlestown ................................................................... 9Lansdowne Gate .......................................................... 23Beacon South Quarter ............................................... 37Bakers Yard ...................................................................... 53

Appendix

Market Overview .......................................................... 69Further Information ................................................... 75

CContents

MALAHIDEIDAHMALAHMALAHLAM

BRAY

DALKEY

PORTMARNOCK

HOWTH

KILLINEY

DUN LAOGHAIRE

TALLAGHT

CLONDALKIN

DUNDRUMSTILLORGAN

RANELAGH

DRIMNAGH

TERENURE

LUCAN

CLONSILLA

finglasBLANCHARDSTOWN

SWORDS

DUN LAO

DUBLINAIRPORT

M2

M11

N11

DUBLIN city centrePhoenix Park

M50

M1M2

M3

M4

M50

M50

SANTRY

Executive Review

• The Collection comprises 761 modern apartments, approximately 3,186.7 sq m (34,301 sq ft) of commercial accommodation and 4 development sites extending to approximately 0.70 hectares (1.74 acres) within four mixed-use developments

• Extensive asset management opportunities across the Collection include:

• Significant rental growth potential in the short term when passing rents are brought in line with current market rents

• Letting the remaining 2,373 sq.m (25,536 sq.ft) of commercial space

• Developing the 0.18 hectare (0.45 acre) site at Bakers Yard to construct a 6 storey mixed use development containing 55 residential apartments and 857 sq.m (9,224.66 sq.ft) of commercial accommodation

• Developing the existing planning permissions across 3 undeveloped sites at Beacon South Quarter to construct 132 residential apartments and 7,120 sq.m (76,638.97 sq.ft) of commercial accommodation

• A purchase price at quoting levels would be significantly below the replacement cost of the assets

• Considering current residential rental market conditions, this collection offers investors an excellent opportunity to acquire four large scale multi-family blocks

• Current gross passing rent of approximately €10.4 million per annum (99% residential weighting)

• Based on current headline rents achieved and full letting of vacant commercial space, the projected gross rent has the potential to increase to approximately €12.5 million per annum

• The Orange Collection is available in one or more lots

4

Property Residential Commercial Current Gross Passing Rent (p.a) Projected Gross Rent (p.a)*

1 bed 2 bed 3 bed Total Accommodation Residential Commercial Total Residential Commercial Total Charlestown 36 164 35 235 - € 2,843,600 - € 2,843,600 € 3,338,400 - € 3,338,400Lansdowne Gate

23 146 55 224 - € 2,969,280 - € 2,969,280 € 3,429,000 - € 3,429,000

Beacon South Quarter

26 165 26 217 2,394.7 sq m (25,576 sq ft)

€ 3,367,800 € 99,000 € 3,466,800 € 4,177,800 € 326,027 € 4,503,827

Baker’s Yard 13 60 12 85 792 sq m (8,525 sq ft)

€ 1,123,200 € 40,000 € 1,163,200 € 1,188,600 € 58,895 € 1,247,495

Portfolio Totals

98 535 128 761 3,186.7 sq m (34,301 sq ft)

€ 10,303,880 € 139,000 € 10,442,880 € 12,133,800 € 384,922 € 12,518,722

*Based on current headline rents achieved

MALAHIDEIDAHMALAHMALAHLAM

BRAY

DALKEY

PORTMARNOCK

HOWTH

KILLINEY

DUN LAOGHAIRE

TALLAGHT

CLONDALKIN

DUNDRUMSTILLORGAN

RANELAGH

DRIMNAGH

TERENURE

LUCAN

CLONSILLA

finglasBLANCHARDSTOWN

SWORDS

DUN LAO

DUBLINAIRPORT

M2

M11

N11

DUBLIN city centrePhoenix Park

M50

M1M2

M3

M4

M50

M50

SANTRY

Bakers YardBeacon South Quarter

Lansdowne Gate Charlestown

Property Residential Commercial Current Gross Passing Rent (p.a) Projected Gross Rent (p.a)*

1 bed 2 bed 3 bed Total Accommodation Residential Commercial Total Residential Commercial Total Charlestown 36 164 35 235 - € 2,843,600 - € 2,843,600 € 3,338,400 - € 3,338,400Lansdowne Gate

23 146 55 224 - € 2,969,280 - € 2,969,280 € 3,429,000 - € 3,429,000

Beacon South Quarter

26 165 26 217 2,394.7 sq m (25,576 sq ft)

€ 3,367,800 € 99,000 € 3,466,800 € 4,177,800 € 326,027 € 4,503,827

Baker’s Yard 13 60 12 85 792 sq m (8,525 sq ft)

€ 1,123,200 € 40,000 € 1,163,200 € 1,188,600 € 58,895 € 1,247,495

Portfolio Totals

98 535 128 761 3,186.7 sq m (34,301 sq ft)

€ 10,303,880 € 139,000 € 10,442,880 € 12,133,800 € 384,922 € 12,518,722

The Orange Collection by Numbers

7

By Gross Income

By Unit Type By Commercial Occupancy

By Projected Income

Commercial,€139,000

1%

Residential,€10,303,880

99%

By Guide Price

3 Bed 17%

1 Bed 13%

2 Bed 70%

Commercial € 384,922

3%

Residential € 12,133,800

97%

Let 814 sq m

26%

Vacant2,373 sq m

74%

Bakers Yard€15 million

9%

Charlestown €38 million

24%

Beacon South Quarter €61 million

38%

Lansdowne Gate €46 million

29%

€160m

01

Charlestown

PROPERTY

01Charlestown

dublinairport

northwestbusiness park

dubdublliinnaairporirportt

nnorthworthweessttbusinbusineess parkss park

rosemountbusiness park

jamestownbusiness park

ikea

dublincity

universitytolka river

gulliversretail park

airwaysbusiness park

finglas

TO CITY CENTREcastleknock

santry

whitehall

N2

N3

M50

M50

M1

M1

Charlestown

The Helix, DCU

M50

IKEA

Dublin Airport

dublinairport

northwestbusiness park

dubdublliinnaairporirportt

nnorthworthweessttbusinbusineess parkss park

rosemountbusiness park

jamestownbusiness park

ikea

dublincity

universitytolka river

gulliversretail park

airwaysbusiness park

finglas

TO CITY CENTREcastleknock

santry

whitehall

N2

N3

M50

M50

M1

M1

01Charlestown, Finglas, Dublin 11Charlestown is located in north-west Dublin, off St. Margaret’s Road in Finglas. The development is south of the M50 Motorway (Junction 5), approximately 7 km. from Dublin city centre and 5 km. from Dublin Airport. The location pro-vides excellent access to all the main arterial routes out of Dublin city.

The property comprises the residential element of the mixed use Charlestown development which includes a shopping centre, leisure, medical and office uses. The shopping centre, which is anchored by Dunnes Stores (7,000 sq.m/75,350 sq.ft), has numerous stores and restaurants/cafes including Heatons, Lifestyle Sports, Boots & Mothercare.

The Investment provides a total of 235 apartments located in multi-storey blocks above the shopping centre, while car parking is provided at basement level. The development was developed by Bovale Developments Ltd, designed by Bruce Gilbreth Architects London and built by G & T Crampton in 2007. The entire development comprises 285 apartments; 50 of which have been sold, while the remaining 235 apartments are the subject of this sale.

13

Charlestown

The LocationCharlestown is located off St. Margaret’s Road in Finglas, south of the M50 Motorway (Junction 5), approximately 7 km. from Dublin city centre and 5 km. from Dublin Airport.

The Charlestown apartments are convenient to a multitude of amenities including an excellent array of shops, restaurants, cafes; also schools, colleges & Dublin City University; local parks, sports & leisure facilities, good bus routes with a Quality Bus Corridor to the city centre.

Dublin’s Northern fringe is now firmly established as a retail and lifestyle location of choice, this is confirmed by the opening of the Republic’s first IKEA store within close proximity to Charlestown.There are in excess of 40,000 people living within 4 kilometres of Charlestown and there are multiple major local employment centres close-by along the Finglas Road, at Dublin Airport and retail parks in Finglas & Santry.

14

Red Cow12 km

City Centre7 km

01

15

CharlestownDublin Airport

5 kmCity Centre

7 km N2 M50

01

17

The DevelopmentCharlestown is a quality built mixed use development on a 40 acre site.The Investment provides a total of 235 apartments located in multi-storey blocks above the shopping centre, while car parking is provided at basement level. The development was developed by Bovale Developments Ltd and built by G & T Crampton in 2007. The entire development comprises 285 apartments; 50 of which have been sold, while the remaining 235 apartment are the subject of this sale.

The subject apartments and the shopping centre form Phase 1 of the overall Charlestown development. Two drive-through restaurant units have also been completed as part of the development; McDonald’s and KFC together with a cinema and leisureplex, which is due to open shortly. A further 40,000 sq.m. of leisure & retail is proposed for Phase 2 of the development, and a retail warehousing park is proposed for Phase 3.

This is an excellent quality scheme and is very well maintained throughout. The development has a basement car park, which caters for shoppers in a public area and residential occupiers in a designated access controlled area. Each of the apartments are connected to a centralised district heating system, and have the benefit of a central landscaped garden & children’s playground for the use of residents.

Completed Proposed

McDonalds

KFC

Cinema &Leisureplex

Leisure

Retail

Retail

Charlestown

Land

scap

ed A

rea

Apa

rtm

ents

abo

ve R

etai

l

Apa

rtm

ents

abo

ve R

etai

l

Schedule of Accommodation

Accommodation Schedule

1 bed 2 bed 3 bed Total

Core A 4 15 19

Core B 15 15

Core C 20 20

Core D 5 5 10

Core E 9 10 19

Core F 17 17

Core G 16 16

Core H 9 5 14

Core J 9 5 14

Core K 10 10

Core L 7 9 16

Core M 7 6 13

Core N 10 10 20

Core P 12 12

Core Q 10 10 20

Total 36 164 35 235

Average Unit Size (sq.m.) 48 73 111

Average Rent per Unit (p.m.) €832 €1,014 €1,200

Recently Agreed Rents per Unit (p.m.) €900 €1,200 €1,400

18

01

7

Charlestown

01Charlestown

Specification• Contemporary kitchens fully fitted with

appliances: electric hob, oven and extractor fan, fridge/ freezer, microwave and dish-washer

• Bathrooms & en-suites are fully tiled and have chrome taps and contemporary sani-tary ware

• Bedrooms feature contemporary built-in wardrobes

• Floors in entrance halls, en-suites and bathrooms are floored with Natura tiles. Floors in kitchen, living areas, bedrooms and utility room are engineered cherry wood finish

• Downlighters provided in livingroom, kitchens, hall and bathrooms. Bedroom lighting comprises a ceiling pendant fitting

• Glazing to the apartments is aluminium with door access onto private balconies or terraces

• Hot Water & Heating System is provided centrally from a communal system. Heating & Hot Water bills for tenants average €650 per annum

• There is an extensive CCTV security system throughout the development that is fully linked back to the management office, while each apartment has a security intercom

• Each apartment core is served by a high speed lift

• Extensively landscaped spacious podium level courtyard including; playground, seat-ing areas and mature planting

TenureFull information is available on the Data Site.

TenancyThe Charlestown apartments are fully let on short term residential tenancy agreements, typi-cally for a fixed 12 month period.

Rental levels currently average €832 pm, €1,014 pm & €1,200 pm for one, two & three-bedroom apartments respectively.

However, rental levels of the most recently agreed units average approximately €900 pm, €1,200 pm & €1,400 pm for one, two & three-bed-room apartments respectively.

This equates to an estimated expected return of approximately €3.34 million per annum once all rentals adjust in line with current market levels.

Estate ManagementThe development is managed by Mason Owen & Lyons Commercial Property Consultants. Full details are available in the Data Site.

BERBER range from B1-C1.

21

02

LansdowneGate

PROPERTY

02Lansdowne Gate

TO CITY CENTRE

M50

Grand Canal

Drimnagh

Drimnagh Castle

Our Lady's Children's

Hospital

Brickfields Park

LansdowneValleyPark

TO CITY CETO CITY CENTRENTRE

MMMMMMMMMMMMMMMMMMMMMM555555555555555555555500000000000000

Grand CanaGrand Canall

DDrimnaghrimnagh

DrimnaghDrimnaghh agDstlestleleCaCaasas

Our Lady'Our Lady'ssLadyLadyChildren's Children's hildren's hildren's

HospitalHospitalHospitalHospital

BrickfieldsPark

nsdownensdowneLansValleyValleyVPPararkk

Park West and Cherry Orchard

Red CowJunction

Park West

qualtiy bus corridor

BluebellLUAS Stop

Drimnagh LUAS Stop

John KennedyIndustrial estate

Ballymount Industrial Estate

LONG MILE ROAD

LUAS RED LINE

Walkinstown

KylemoreLUAS Stop

BlackhorseLUAS Stop

pedestrianwalkway

Walkinstown Avenue Park

M50

NAAS ROAD

LansdowneGate

LUAS Red Line

M50

Drimnagh Castle

Grand Canal

TO CITY CENTRE

M50

Grand Canal

Drimnagh

Drimnagh Castle

Our Lady's Children's

Hospital

Brickfields Park

LansdowneValleyPark

TO CITY CETO CITY CENTRENTRE

MMMMMMMMMMMMMMMMMMMMMM555555555555555555555500000000000000

Grand CanaGrand Canall

DDrimnaghrimnagh

DrimnaghDrimnaghh agDstlestleleCaCaasas

Our Lady'Our Lady'ssLadyLadyChildren's Children's hildren's hildren's

HospitalHospitalHospitalHospital

BrickfieldsPark

nsdownensdowneLansValleyValleyVPPararkk

Park West and Cherry Orchard

Red CowJunction

Park West

qualtiy bus corridor

BluebellLUAS Stop

Drimnagh LUAS Stop

John KennedyIndustrial estate

Ballymount Industrial Estate

LONG MILE ROAD

LUAS RED LINE

Walkinstown

KylemoreLUAS Stop

BlackhorseLUAS Stop

pedestrianwalkway

Walkinstown Avenue Park

M50

NAAS ROAD

02Lansdowne Gate, Drimnagh, Dublin 12The Lansdowne Gate development is very well located only 5 km south-west of Dublin City Centre on the banks of the Camac River and adjacent to Drimnagh Castle and Lansdowne Valley Park. The development is close to excellent transport links including LUAS (light rail system), M50 Motorway and within walking distance of schools, hospitals, retail, sporting & leisure facilities and there is a multitude of employers in the area. Lansdowne Gate features direct pedestrian access to Bluebell Red Line Luas stop on the Naas Road and the Quality Bus Corridor on the Long Mile Road and other bus and cycle routes, so residents here benefit from a choice of fast and direct options to gain access to the city centre.

The Investment provides a total of 224 apartments set out in 11 blocks varying in height from three to seven storeys over basement car parking. The development was designed by O’Mahony Pike Architects and built by Cosgrave Property Group in 2005. The entire development comprises 280 apartments; 56 of which have been sold, while the remaining 224 apartments are the subject of this sale.

27

Lansdowne Gate

The LocationThe Lansdowne Gate development is nestled between the extensive Lansdowne Valley Park and Pitch & Putt Course to the north and east and the historic Drimnagh Castle to the south, approximately 5 km from Dublin City Centre. Both Lansdowne Valley and Drimnagh Castle are protected conservation areas.

Lansdowne Gate is well positioned for getting in and out of the city, while benefitting from an established and mature local community that offers all of the amenities one would expect from a modern urban environment, such as shops, cafes, bars, supermarkets, retail parks and recreational amenities. Our Lady’s Children’s Hospital, Crumlin, Ire-land’s largest paediatric hospital is approximately 700 metres east of the development.

The neighbourhood is also home to a varied selection of businesses that range from corner shop to lighting and homeware stores, from Sunday Markets to Mercedes showrooms; there is plenty to be found between the Long Mile Road and the Naas Road.

There are excellent transport links including a direct pedestrian link to Bluebell Red Line LUAS stop (less than 300 metres north of the develop-ment), cycleway infrastructure and multiple bus routes and Quality Bus Corridor, while major national routes via the M50 & M7 Motorways are all within easy access. In addition to Dublin’s public transport network on one’s doorstep, Lansdowne Gate offers direct links to the city’s two main rail terminals at Dublin Connolly and Dublin Heuston train sta-tions.

This location is a convenient gateway to all the facilities and amenities that the city has to offer, museums, galleries, shops, places of work and leisure. Lansdowne Gate is well positioned for city centre and local workers who require convenience & a good environment.

There are major local employment centres close-by along the Naas Road, Parkwest & Ballymount.

28

Red Line LUAS& Naas Road

Bluebell LUASStop

02

29

Lansdowne GateLansdowne Valley Park and

Pitch & PuttDrimnagh

CastleBluebell LUAS

StopPedestrian

access to LUASLong Mile Road

QBC

02

31

The DevelopmentLansdowne Gate is a quality built development on a 5.5 acre siteThe Investment provides a total of 224 apartments set out in 11 blocks varying in height from three to seven storeys over semi-basement car parking.

Lansdowne Gate is a superior energy performance development, which is supported by Sustainable Energy Authority of Ireland. The apartments achieve one of the highest energy ratings possible, with each apartment having a Heat Recovery System, while the Hot Water & Heating System is provided centrally from a communal system. Heating & Hot Water bills for tenants average approximately €500 per annum.

The scheme is of a superior quality and is very well maintained throughout. There is an on-site management office, which is manned during working hours and operates as both security and concierge. The development has a semi-basement car park (one designated car space per apartment), a centralised district heating system and central landscaped gardens & children’s playground for the use of residents.

Lansdowne Gate

Schedule of Accommodation

Accommodation Schedule 1 bed 2 bed 3 bed TotalBlock A1 12 12 24Block A2 5 10 5 20Block D 22 22Block E1 14 7 21Block E2 7 14 21Block F1 7 14 21Block F2 14 7 21Block G1 1 17 6 24Block G2 1 11 4 16Block H1 2 6 2 10Block H2 12 12 24Total 23 146 55 224

Average Unit Size (sq.m.) 50 78 102Average Rent per Unit (p.m.) €900 €1,075 €1,305Recently Agreed Rents per Unit (p.m.)

€1,100 €1,200 €1,550

32

02Lansdowne Gate

02Lansdowne Gate

Specification• Contemporary kitchens fully fitted with A

rated energy efficient appliances

• Bathrooms & en-suites are fully tiled and have contemporary sanitary ware

• Bedrooms feature built-in oak wardrobes

• Floors in entrance halls, en-suites and bathrooms are floored with Natura tiles. Floors in kitchen, living areas, bedrooms and utility room are engineered cherry wood finish

• Downlighters provided in livingroom, kitchens, hall and bathrooms. Bedrooms lighting comprises a ceiling pendant fitting

• Cherry wood doors with elegant walnut inlay border.

• Glazing to the apartments are aluminium with door access onto private balconies or terraces with most apartments

• One designated car parking space per apartment

• Each apartment has a Heat Recovery System, while the Hot Water & Heating System is provided centrally from a communal system. Heating & Hot Water bills for tenants average €500 per annum

• There is an extensive CCTV security system throughout the development that is fully linked back to the management office, while each apartment has a security intercom

• Each apartment core is served by a high speed lift

• Extensively landscaped spacious courtyard including; playground, a number of cascading water features, seating areas, landscaped river garden and feature suspension cable pedestrian bridge

• Playground features high-end play equipment and incorporates outdoor gym equipment for adults

TenureFull information is available on the Data Site.

TenancyThe Lansdowne Gate apartments are fully let with the exception of two show apartments (vacated for sale purposes). They are let on short term residential tenancy agreements, typically for a fixed 12 month period.Rental levels currently average €900 pm, €1,075 pm & €1,305 pm for one, two & three-bedroom apartments respectively.However, rental levels of the most recently agreed units average approximately €1,100 pm, €1,200 pm & €1,550 pm for one, two & three-bedroom apartments respectively.This equates to an estimated expected return of approximately €3.43 million per annum once all rentals adjust in line with current market levels.

Estate ManagementThe development is managed by Wyse Property Management. Full details are available in the Data Site.

BERBER range from B1-C1.

35

Beacon South

Quarter

PROPERTY

Beacon South Quarter

TO CITY CENTRE

Bewleys Hotel

LeopardstownRacecourse

stillorgan road

N11

TO CITY CENTRE

TO CITY CENTRE

TT

HHototeell BBewleys ewleys HHleysleys

M50

GOATSTOWN

Ballawley Park

stillorgan

Sandyford Business District

Microsoft IrelandThe Beacon

Hotel

LUAS green LINE

Stillorgan

LUAS Stop

Sandyford

LUAS Stop

Carmanhall

sandyford

MOUNT MERRION

Stillorgan Industrial Park

stil

lorga

n r

oa

d

M50

Airfield Park

Brewery Road

Central Park

Dundrum Town

Centre Beacon SouthQuarter

Beacon Shopping Centre

LUAS Green Line

Childrens Museum

The Beacon Hotel

TO CITY CENTRE

Bewleys Hotel

LeopardstownRacecourse

stillorgan road

N11

TO CITY CENTRE

TO CITY CENTRE

TT

HHototeell BBewleys ewleys HHleysleys

M50

GOATSTOWN

Ballawley Park

stillorgan

Sandyford Business District

Microsoft IrelandThe Beacon

Hotel

LUAS green LINE

Stillorgan

LUAS Stop

Sandyford

LUAS Stop

Carmanhall

sandyford

MOUNT MERRION

Stillorgan Industrial Park

stil

lorga

n r

oa

d

M50

Airfield Park

Brewery Road

Central Park

Dundrum Town

Centre

Beacon South Quarter, Sandyford, Dublin 18Beacon South Quarter offers the opportunity to be part of a new and continually expanding neighbourhood that provides a place to work and live of the highest standards. The scheme is considered a landmark development in the heart of Dublin’s south city suburbs and is one of the main gateways to the city centre located beside the LUAS Green Line and M50 interchange.

This modern urban development sits on a total site area of approximately 5.23 hectares (12.93 acres) and consists of high quality retail and leisure together with 12 blocks of residential accommodation comprising a total of 850 apartments (not all included).

This multi-family investment opportunity forms a part of the overall Beacon South Quarter development comprising a total of 217 modern 1, 2 & 3 bedroom apartments, commercial units extending to approximately 2,395 sq.m (25,600 sq.ft) and 234 no. of basement car parking spaces allocated to the residential element. In addition to the existing buildings there are also 3 undeveloped sites which have potential for a further 132 residential apartments and 7,120 sq.m (76,638.97 sq.ft) of commercial accommodation.

41

Beacon South Quarter

The LocationBeacon South Quarter is located in the highly successful and estab-lished commercial environment of Sandyford Estate. This is one of Dub-lin’s prime suburban locations situated approximately 10 km’s south of Dublin City Centre.

The area is excellently serviced through a range of major transport links. The Stillorgan LUAS stop is just a short walk away together with numerous bus routes serving the area. In addition Sandyford is easily accessible by car with the M50 interchange in close proximity which provides links to Dublin Airport and the wider national road network.

Over the past decade the Sandyford Industrial Estate area has been transformed into an international commercial hub. Since early 2000’s there has been significant construction of numerous office and apart-ment blocks, in addition to a variety of convenience, retail and leisure facilities. Amenities include The Beacon Hotel, UPMC Beacon Hospital, BSQ shopping centre anchored by Dunnes Stores in addition to a selec-tion of food offerings and homeware and lifestyle shops.

Today Sandyford is home to many high profile corporate occupiers and employers including Microsoft, Vodafone, Merrill Lynch, Airtricity, Bewleys, Salesforce, Service Source, D&B and AIB.

42

ToCity Centre

ToM50

BeaconHotel

BeaconHospital

43

Beacon South QuarterLUASLine

ToCherrywood

SandyfordEstate

StillorganPark

BeaconHotel

BeaconHospital

45

The DevelopmentBeacon South Quarter is a quality built mixed use development that sits on an approximately 13 acre site which was originally developed by Landmark Developments. The overall development is a hive of activity with an extensive commercial element to compliment and serve the needs of the residents of the 850 apartments which are currently built out within the scheme. The scheme is anchored by a large Dunnes Stores in addition to a number of food offering such as Starbucks, Munchies, Mcihie Sushi, Coffee Shot, Pizza Hut and O’Brien’s Food & Wine. Other retailers within the complex include Ben Dunne Gym, Ulster Bank, Bank of Ireland, Beacon Barber and Carphone Warehouse. Imaginosity Children’s Museum which is situated within plaza level of the scheme caters for child centred creative, educational & interactive learning.

This is a luxurious scheme which is well maintained throughout. Residents within Beacon South Quarter benefit from having an on-site concierge service situated in an architecturally designed open plan space which also acts as a welcome and relaxation area for people within the development. The property managers of the development also have an on-site office to ensure that the development is secure and well run for the benefit of the occupiers and residents at all times.

VOID TO PODIUM+98.00

BLOCK C3ROOF LEVEL

+113.00(approx)

BLOCK C2ROOF LEVEL

+113.00(approx)

BLOCK C1ROOF LEVEL

+116.00 (APPROX.)

ROOF TOSTAIRCORE

+116,5(approx)

ROOF TOSTAIRCORE

+116,5(approx)

ROOF TOSTAIRCORE

+116,5(approx)

ROOF TOSTAIRCORE

ROOF TOSTAIRCORE

ROOF TOSTAIRCORE+116(approx)

ROOF TOSTAIRCORE+116(approx)

BLOCK C1ROOF LEVEL

+116.00 (APPROX.)

D2

D1

A6

A5A4

C1

B3 B2

B1

A3

A2

A1

B4

C3

C2

A7

C A

R M

A N

H A

L L

R

O A

D

B L

A C

K T

H O

R N

R

O A

D

B L A C K T H O R N D R I V E

+ 89

.50

+ 89.00

+ 88

.50

+ 88

.00

+ 87

.50

+ 87

.00

+ 86

.50

+ 86.00

+ 85

.50

+ 84

.50

+ 85

.00

+ 91

.50

+ 91

.00

+ 90

.50

+ 90

.00

+ 89.50

+ 86.50

+ 85.00

+ 85.50

+ 86.00

+ 87.00

+ 87.50

+ 88.00

+ 89.00

+ 88.50

84.50 +

+ 91.50

+ 90.50

+ 90.50

+ 90.50

+ 91.00

+ 91.50

92.00

+ 91.00

89.00

86.00

+ 85.00

+ 91.50

92.00

+ 92.50

+ 92.00

+ 92.00

84.00

84.50

+ 92.00

85.00

B U S S T O P

BU

S S

TOP

APPROXIMATE LINE OF EXISTING GAS LINE

BU

S S

TOP

A8

Beacon South Quarter

Proposed Future Development

There are a total of 217 units to be sold as part of the ‘Orange Collection’ portfolio sale out of 850 units currently constructed. 132 of the units are located in various blocks throughout the development (Beacon South Quarter 1) whilst Block B2a comprises a complete block of 85 units which have recently been completed and let (Beacon South Quarter 2). Beacon South Quarter 1 comprises 132 x 1, 2 & 3 bedroom apartments while Beacon South Quarter 2 comprises 85 completed 1 & 2 bedroom apartments in a single block above the commercial units.

The collection benefits from effectively 100% occupancy with just 5 units remaining vacant for viewing purposes. The current total annual rent is approximately €3.37 million per annum with immediate growth prospects through active asset management. Once rents are brought in line with current values being achieved, the anticipated gross income for the units assuming 100% occupancy is approximately €4.2 million per annum.

Residential

46

Block Block Name

No. of Units

for Sale

Total in Block

A1 Cubes 1 10 85A2 Cubes 2 5 77A3 Cubes 3 11 75A4 Cubes 4 2 13A5 Cubes 5 14 30A6 Cubes 6 9 42C1 Edges 1 5 95C2 Edges 2 4 40C3 Edges 3 3 40D1 Cubes 7 68 104D2 Cubes 8 1 104Sub-Total 132 720Plus B2a The Gates 85 85Total 217 805

1 bed 1 bed live/work

2 bed 2 bed duplex

2 bed penthouse 3 bed duplex

3 bed penthouse

Total

Block A1 2 1 2 5 10Block A2 5 5Block A3 6 5 11Block A4 2 2Block A5 14 14Block A6 1 8 9Block C1 3 2 5Block C2 1 3 4Block C3 3 3Block D1 1 12 50 2 3 68Block D2 1 1Block B2A 12 9 64 85Total 19 7 49 114 2 11 15 217

Average Unit Size (sq.m)

65 70 93 85 90 102 164

Average Rent Per Unit (p.m)

€1,120 €971 €1,357 €1,302 €1,300 €1,432 €1,743

Recently Agreed Rents per Unit (p.m)

€1,350 €1,000 €1,800 €1,600 €1,300* most recent letting

March ‘11

€1,500 €1,800

Residential Accommodation Schedule

47

Beacon South Quarter

Commercial In addition to the residential element, Block B2a also includes 5 commercial units which are to be sold as part of thecollection. Of these 4 units are currently vacant and a fourth is let to Bank of Ireland on a long term lease paying an abated annual rent of €99,000 per annum (contracted rent €198,000).

Commercial Tenancy ScheduleBlock/Unit Tenant Type Sq.m Sq.ft Car

Spaces Lease Term Rent ERV

Block B2R1 Vacant Community Space 536.1 5,771 - - - € 46,164

Block B2R2 Vacant Community Space 264.8 2,850 - - - € 22,802

Block B2 R3

Bank of Ireland Retail 373.4 4,019 2* 25 years from

June 2007 € 99,000*** € 99,000

Block B2R4 to R8

Under Negotiation Retail/Medical Use 923.7 9,943 10**

Proposed 10 year lease

commencing June 2014

- € 119,737

Block B2R9* Currently forms part of R4 to R8

Under Negotiation Retail/Medical Use 296.7 3,194 -

Option with proposed tenant of

R4-R8

- € 38,324

Total 2,394.70 25,776 12 € 99,000 € 326,027

Car Park There is an extensive car park provision at Beacon South quarter which extends to -3 basement level under the footprint of the development. There is a total of 234 car parking spaces allocated to the residential units, which are included in this sale. There are currently 2 spaces allocated under license to Bank of Ireland with an additional 10 spaces plus set down area proposed for the incoming tenant of B2 R4-R8.

*2 spaces provided under licence to the bank** 10 spaces on an annual licence basis plus two set down spaces*** Abated rent

48

CGI of proposed future development

Future Development There are a total of 3 development sites being offered for sale: Blocks B2B, B3 & B4Beacon South Quarter offers significant future development potential. There are a number of recently renewed planning consents across 3 undeveloped sites referenced as B2B, B3 & B4 to construct 132 residential apartments and 7,120 sq.m (76,638.97 sq.ft) of commercial space.

Block B2BPlanning Ref: D07A/0131/EDescription: 68 no. residential units extending to approximately 7,775 sq.m (4 no. 1 bed, 55 no. 2 bed and 9 no. 3 bed apartments). Permission: Valid until 5th March 2018 Note: level 0,-0 Retail & Basement levels -1,-2,-3 are constructed

Block B3Planning Ref: D07A/0131/EDescription: 5 storey office accommodation extending to approximately 3,447 sq.m over Retail use at levels 0,-0, 0,-1 and Mezzanine extending to approximately 1,700 sq.mPermission: Valid until 5th March 2018 Note: Basement level -02 and staircore B3-02 constructed to shell level only.

Block B4Planning Ref: D04A/0618/EDescription: 64 no. residential units extending to approximately 7,586 sq.m. (28 no. 1 bed, 31 no. 2 bed and 5 no. 3 bed apartments) over ground level retail/ motor showroom extending to approximately 1,700 sq.m Permission: Valid until 3rd August 2017 Note: 3 Basement storeys with provision for 200 car spaces is constructed to shell below the site.

Beacon South Quarter

49

Proposed Accommodation Schedule Summary of Proposed Accommodation Schedule

1 bed 2 bed 3 bed Retail Sq.m Office Sq.m Motor Showroom Sq.m

Block B2B 4 55 9 - - -Block B3 - - - 1,700 3,447 1,700Block B4 28 31 5 - - 1,700 Total 32 86 14 1,700 3,447 3,400

Beacon South Quarter

Specification• Dedicated residential concierge reception

• High specification kitchens with fully fitted integrated appliances: oven, hob, extractor fan, fridge/ freezer, microwave, washer/dryer and dishwasher

• Latest bathroom innovation in style and design finished to an exacting standard

• All bedrooms feature contemporary built-in wardrobes

• Gas fired central heating

• Double glazed windows throughout

• Spacious private balconies throughout

• Extensive CCTV security system throughout the development that is fully linked back to the management office, while each apartment has a security intercom

• Each apartment core is served by a high speed lift

• Extensive landscaped grounds within the development which are well maintained

• Designated underground car parking spaces

TenureFull information is available on the Data Site.

TenancyThe apartments within Beacon South Quarter are fully let with 5 units vacated for sale purposes on short term residential tenancy agreements, typically for a fixed 12 month period.

Rental levels currently average €1,046 pm, €1,320 pm & €1,588 pm for one, two & three-bedroom apartments respectively.

However, rental levels of the most recently agreed units average approximately €1,175 pm, €1,567 pm & €1,650 pm for one, two & three-bedroom apartments respectively.

Once 100% occupancy within the development is reached and rents are increased in line with current market rental values, gross income is expected to exceed €4,606,785 per annum.

Estate ManagementThe property is managed by Aramark. Full service charge budget and management company details are available in the project Data Site.

BERBER range from B2-G.

51

BakersYard

PROPERTY

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Bakers Yard, North Circular Rd and Portland St, Dublin 1Bakers Yard offers the opportunity to invest in a modern predominantly multi-family, city centre development with future development and asset management opportunities. The purchaser will benefit from a majority ownership in this Dublin 1 scheme which in its entirety comprises of 132 apartments in three blocks (85 of which are included in the sale) above basement car parking. In addition to this and also included in the sale are 6 ground / first floor commercial units extending to approximately 792 sq m (8,529 sq ft) and an adjoining 0.18 hectare (0.45 acre) site which sits on the prominent corner of the North Circular Road and Portland Street offering future development potential. The site benefits from full planning permission for a further 55 apartments, 3 commercial units and 59 parking spaces.

At present the residential element of the scheme is effectively benefiting from full occupancy and 3 of the commercial units are currently let whilst the remaining 3 are vacant and in shell and core condition.

There are 85 secure basement car parking spaces to be included in the sale.

57

Bakers Yard

The LocationProminently situated on the corner of the North Circular Road and Portland Street, Bakers Yard is within walking distance of the city centre and overlooking the impressive Croke Park stadium. The location is excellently serviced by public transport through its proximity to the Dorset Street / Drumcondra Road Quality Bus Corridor and Drumcondra suburban rail station which lends access to the LUAS, DART, suburban and provincial rail services.

From a live-work perspective and considering the schemes close proximity to the Mater Hospital, the IFSC, DIT at Bolton Street, DCU and Grangegorman the residential element is excellently positioned to take full advantage of the area’s employment and student catchment.

58

RoyalCanal

59

Bakers YardCroke

Park StadiumTo

City CentreDocklandstrain line

NorthCircular Road

Croke ParkHotel

The DevelopmentBakers Yard is a centrally located mixed use development sitting on an overall site extending to approximately 0.56 hectares (1.38 acres). The investment offers an opportunity to acquire 85 modern fully let apartments set out in three blocks namely the Wheat Barn, the Barley Store and the Oat House, all over basement car parking. In addition to a majority stake in the residential element the scheme also includes 6 commercial units, 3 of which are let and an adjoining 0.18 hectare (0.45 acre) development site with full planning permission.

The development was designed by McClean Architects and constructed by Cleary Doyle. The entire development comprises 132 apartments, 85 of which are included in the subject sale, 27 of which were acquired by private owners and 20 of which were purchased by or allocated to Dublin City Council under Part V legislation for Social & Affordable use.

The scheme is well maintained throughout and benefits from landscaped open air common areas and secure gated perimeters.

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61

Residential Accommodation There are a total of 85 units to be sold as part of the ‘Orange Collection’ portfolio sale. The units are dispersed across three blocks known as the Wheat Barn, the Barley Store and the Oat House.

Name 1 bed 2 bed 3 bed TotalWheat Barn 7 14 0 21Barely Store 5 9 6 20Oat House 1 37 6 44Total 13 60 12 85

Average Unit Size (sq.m.) 45 65.5 81.3Average Rent per Unit (p.m.) €905 €1,107 €1,300Recently Agreed Rents per Unit (p.m.) €950 €1,175 €1,350

Commercial AccommodationThere are 6 commercial units within the Bakers Yard scheme, all of which are being offered for sale. 3 of the units are let and 3 of the units are vacant. The vacant units are in shell and core condition.

Block/Unit Tenant Type Sq.m Sq.ft Car spaces

Lease Term

Rent ERV

Unit 1 (Crèche) Vacant Crèche 130 1399.0 1 - - € 6,995Unit 2a & 3 Beggs

PharmacyRetail 242 2605.0 2 25 x 5 yr

lease from 20/04/12

€ 21,400 € 21,400

Unit 2b & 4 Medical Centre

Medical Centre

198.9 2141.0 2 25 x 5 yr lease from 20/04/12

€ 18,600 € 18,600

Unit 5 Vacant Office 92 990.0 1 - - € 4,950Unit 6 Vacant Office 129.2 1390.0 - - - € 6,950

Total 792.1 8525.0 6 € 40,000 € 58,895

62

Bakers Yard

Bakers Yard

Future DevelopmentBakers Yard also offers an additional future development opportunity through a 0.18 hectare (0.45 acre) adjoining site. The site is situated on the corner of the North Circular Road & Portland Street and benefits from full planning permission. There is currently an unused motor garage showroom on the site. The current planning permission was an extension to a previously granted Ref: 4340/07.

Planning Ref: 2757/13Description: Demolition of existing motor garage showrooms. Construction of 55 apartments - 11 No. 1-bed units, 30 No. 2-bed units and 14 no. 3-bed units, 1 No. office, 1 No. café and 1 No. retail unit.Permission: Valid until 18th September 2018Note: 59 basement car parking spaces at basement level.

65

Bakers Yard

Specification

• Professionally designed and maintained private landscaped courtyards

• Secure fob access control system and audio- visual intercom to access cores

• Electronically controlled gates and barriers to basement car park

• High speed lifts to all core areas

• Professionally designed fully fitted kitchen, living room and bedrooms in all apartments

• En-Suite to master bedroom in all two and three bedroom apartments

• High quality ceramic wall & floor tiles to bathrooms and en-suites throughout

• Private balconies or terraces with most apartments

• Electrical central heating system

• Cable/Digital Television connection points

• Wired for burglar alarms

Tenure

Full information is available on the Data Site.

BERBER range from C1 - D1

Tenancy

Residential

The Bakers Yard apartments are fully let with the exception of the units held for viewings. They are let on short term tenancy agreements, typically for a fixed 12 month period.

Rental levels currently average €905 pm, €1,107 pm & €1,285 pm for one, two & three bedroom apartments respectively.

However rental levels for of the most recently agreed units are approximately €900 pm, €1,175 pm & €1,350 pm for one, two & three bedroom apartments respectively.

This equates to an estimated expected return of approximately €1.2 million per annum once all rental levels adjust in line with the current market levels.

Commercial

The occupied commercial units within Bakers Yard (totalling 440.9 sq.m / 4,746 sq ft) are let on two separate leases producing a total of €40,000 per annum.

Units 2a & 3 are let to Beggs Pharmacy on a 25 x 5 year lease from 20/04/2012 at a rent of €21,400 per annum.

Units 4 & 2b are let to 3 doctors on a 25 x 5 year lease from 20/04/2012 at a rent of €18,600 per annum.

Once all units are fully let, an income of €59,000 per annum should be achieved from the commercial element.

Estate ManagementThe development is managed by O’Dwyer Property Management. Full details are available in the Data Room.

67

aAPPENDIX

EconomicOverview

70

Economic OverviewThere is now a growing sense that, after a difficult period, Ireland’s economy is firmly established on a path to sustainable recovery. Reflecting the progress that has been made in rebalancing the public finances, and the improved perception of Ireland on global markets, the country exited its EU/IMF assistance programme in December 2013 without recourse to an emergency credit line. This confidence appears to be justified by the most recent national accounts data published in March 2014; GNP, which is the most representative barometer of activity in the Irish economy, expanded by 3.4% in 2013, with growth strengthening in the second half of the year. Meanwhile the labour market recovery which began almost two years ago has continued to gather momentum. In net terms 61,000 new jobs were created in 2013. This represents a growth rate of 3.3% in the year which is remarkable by international standards. Moreover, since the low point in Q1 2012, the private sector has been generating 4,600 new jobs per month on average in net terms. This appears to have continued into 2014 with the number of people signing onto the live register falling for the 28th successive month in March.

Demographic OverviewIreland’s population grew by 8.6% between 2006 and 2013. Just over one quarter (27%) of the country’s population now lives in Dublin, resulting in a population density of 1,378/km2. This compares with a density level of just 20.37/km2 outside the capital. Distinctive features of the Dublin demographic structure include;

• The highest percentage of people in Ireland in the 25 – 64 age group (58% vs 54% nationally and 53% outside Dublin)

• High prevalence of apartment dwellings (24% of

all housing units vs 11% nationally and 6% outside Dublin)

• Lowest housing vacancy in the country - 3.3% vs national average of approximately 8.5%

• 36% of dwellings in Dublin area are rented vs national average of 29%

• Lowest rate of housing completions of any Irish city over the 2002-2013 period – 96 per 1000 of population vs 125 per 1000 nationally;

Socio-Economic IndicatorsThe Dublin area has a distinctive socio-economic profile;

• Annual disposable income per person in Dublin is over €2,000 higher than the national average

• Proportion of people with 3rd level qualifications higher in Dublin (36.3%) than the national average (29.1%) and average outside Dublin (26.1%)

• Dublin has below average unemployment rates (10% in Q4 2013 vs 11.7% nationally)

• Dublin has the highest percentage of people in Ireland classified in the professional and managerial categories.

Socio-Economic Indicators - Comparative Analysis of National and Dublin IndicatorsIndicator National DublinDisposable Income Per Person (€) 19,318 21,5153rd Level Qualifications (% of Persons over 15 who have finished full time education)

29.1 36.3

Unemployment – Census 2011 (%) 19.0 17.1Unemployment – Q4 2013 (%) 11.7 10.0Social Class Indicator (% of Population in Professional and Managerial Categories)*

34.6 38.7

Source: CSONotes: *Percentages based on Census data. Where a person does not specify a social class or is not applicable to a category, e.g. children are coded to the highest social class category in their household.

71

Irish Residential Market OverviewIreland’s residential property market is now established on the path to recovery. In terms of transaction levels, approximately 29,000 dwelling units were sold in 2013 – a 15% increase on the previous year and a 58% increase on the 2011 figure.

On the demand side of the market, Ireland’s population has increased by 360,000 people since 2006. However, supply has not kept pace with this rate of growth. To illustrate this, only 8,301 housing units were completed across Ireland in 2013, compared with a figure of 88,419 at the peak of the market in 2006.

On a Local Authority (LA) basis, building activity has been especially subdued in Dublin City Council (DCC) and Dun Laoghaire Rathdown (DLR). In 2013, only 705 units were built in these locations, down from a peak of 10,218 in 2006. Consequently, vacancy rates have been driven down to 3.3% in DCC and 3.2% in DLR.

a

72

Pricing Dublin vs Outside DublinThe lack of new supply, allied to low and declining vacancy rates across all four local authority areas in Dublin, is leading to a strong recovery in residential property prices in the capital. Dublin accounted for approximately 35% of residential sales in 2013 and, according to the CSO house price index; prices have risen by 13.3% in the year to February 2014. However, Savills’ view is that the technical properties of the official index mean that it probably understates the true rate of price growth.

Outside Dublin, residential prices have been slower to recover. This notwithstanding, since the beginning of 2014 values in the regions have also begun to solidify.

PricingHouses vs Apts in DublinAs shown below, there has been little difference in the trajectory of house and apartment prices in Dublin in recent years. Given very low vacancy rates, demand for both types of accommodation is outstripping supply, and the latest data indicate that the price of both housing units and apartments is rising at double digit rates. As the Irish population ages there is an argument that the weight of demand in some suburban locations is likely to shift towards family homes. However, in town-centre locations, and in locations that are well served by public transport infrastructure, the demand for apartment-type units will remain strong.

Pricing Value of Transactions in Dublin 1, 11, 12, 18The Portland Street area, Finglas, Drimnagh and Sandyford area are within Dublin 1, 11, 12 and 18 respectively. The average value of transactions in these postcodes in 2013 was €220,514. This represents a 6.4% premium on the national average (Incl. Dublin) and a 54.6% premium on the average value of transactions outside Dublin.

Comparative Analysis Value of Residential Transactions in Dublin 1, 11, 12 and 18Area Average

Value of Transactions (€) - 2013

% Premium on National Average - 2013

% Premium on Average Outside Dublin - 2013

Dublin 1, 11, 12, 18 220,514 6.4 54.6

Source: PSRA

73

Rental MarketThere is a strong tradition of owner-occupation in Ireland. However, between 2006 and 2011 the number of private rented dwellings nearly doubled from 145,317 to 305,377. This shift from owner-occupation to the private rented tenure ensured that rents declined relatively modestly during the economic crisis when compared with the fall in capital values. As a result, yields on residential property have risen significantly in recent years, particularly in Dublin where the decline in capital values during the crisis was steepest. Latest data from the Private Residential Tenancies Board show that, driven by very low vacancy rates, rental growth in Dublin is accelerating. Indeed, the latest data show that residential rents in Dublin rose by 7.6% in the year to Q4 2013. This has helped to dampen any yield compression arising from the strong recovery in capital values, and has underpinned strong demand for residential investments.

Rental Prices in Dublin 1, 11, 12 and 18Dublin 1, 11, 12 and 18 have all experienced double-digit percentage rental prices increases since Q4 2010. Taking these areas together, rental prices have increased on average by 14.3% in the last 3 years.

a

Comparative Analysis – Change in Rental Prices in Dublin 1, 11, 12 and 18 – Q4 2010 – Q4 2013Area Q4 2010 (€) Q4 2013 (€) % Change in Rental PricesDublin 1 1,184 1,268 14.5Dublin 11 940 1,060 11.3Dublin 12 938 1,138 17.6Dublin 18 1,231 1,424 13.6All 4 Postcodes 1,048 1,223 14.3

iFURTHER INFORMATION

Details &Contacts

ProposalThe entire is for sale by Private Treaty in one or more lots.

Charlestown, Finglas, Dublin 11 on the instruction of Bovale Developments

Lansdowne Gate, Drimnagh, Dublin 12on the instruction of Cosgrave Property Group

Beacon South Quarter, Sandyford, Dublin 18on the instruction of Simon Coyle, Receiver, Mazars

Bakers Yard, Portland Street, Dublin 1on the instruction of Siobhan O’Dwyer, Receiver, O’Dwyer Property Management

76

:Asset Management & Value Add OpportunitiesThe Orange Collection provides a number of asset management and value add opportunities to evidence drive and increase returns in the short to medium term.

• Refine and develop out the undeveloped sites at both Bakers Yard and Beacon South Quarter.

• Rent out the vacant retail and commercial accommodation at both Bakers Yard and Beacon South Quarter.

• Enhance the fit-out of units at Bakers Yard.

• Further scope to enhance cashflows through active leasing and asset management of the residential element.

Floor AreasAssignable measured surveys prepared by Murphy Surveys are provided for the commercial component of Beacon South Quarter and Bakers Yard and will be available in the project data site.

Building SurveysAssignable building surveys for each asset will be available at second round bid stage.

Project Websitewww.orangecollection.ie

Capital Gains ProvisionIf the property is purchased before the end of 2014 and is held for at least 7 years, the capital gain attributable to that 7 year holding period will be exempt from Capital Gains Tax (CGT).

We recommend that interested parties satisfy themselves in relation to CGT and taxation matters relating to the property generally and seek tax advice from their accountant or tax advisor.

PricingOn application.

Viewings Viewings are strictly to be arranged through the joint selling agents.

i

77

Savills Ireland33 Molesworth Street,Dublin 2,Ireland

www.savills.ie PSRA Licence No. 002233

Fergus O’Farrell+353 (0)1 618 1311fergus.ofarrell@savills.ie

Domhnaill O’Sullivan+353 (0)1 618 1364domhnaill.o’sullivan@savills.ie

Dessie Kilkenny+353 (0)1 618 1401dessie.kilkenny@savills.ie

Brendan Delaney+353 (0)1 618 1715brendan.delaney@savills.ie

Hooke & MacDonald118 Lower Baggot Street,Dublin 2,Ireland

www.hookemacdonald.ie PSRA Licence No. 001651

Ken MacDonald+353 (0)1 6318 403ken@hookemacdonald.ie

David Cantwell+353 (0)1 6318 402davidc@hookemacdonald.ie

Donald MacDonald+353 (0)1 6318 450donald@hookemacdonald.ie

Gavin Hanlon+353 (0)1 6318 403gavin@hookemacdonald.ie

Solicitors

Matheson,70 Sir John Rogerson’s Quay,Dublin 2,Ireland

Brian Doran+353 (0)1 2322125brian.doran@matheson.com

PROPERTY MISREPRESENTATION ACT

The joint agents and the Joint Vendors give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Savills Ireland and/ or Hooke & MacDonald nor any of their employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and Savills Ireland and/ or Hooke & MacDonald nor any of their employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. All maps produced by permission of the Ordnance Survey

Selling Agents

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