Dublin-listed property investment and development group Real Estate Opportunities (Reo) has reviewed rent at Vodafone's Co Dublin premises, raising it by 12 per cent.
The new €7.2 million per annum rent, takes effect from October 2006.
The lease on the 263,000 sq ft property, at Central Park in Co Dublin, will expire in 2026.
REO chairman Ray Horney, said he was pleased that the review had been successfully completed at a significant premium to passing rent, saying it represented a strong result in current environment.
