€26.500.000
Confirmation
Prestigious office investment in CBD
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Sold
44,735 sq.ft.
4,156 m²Leasable area
592 €/sq.ft.
6,376 €/m²8.07 %
Freehold
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Fees
Investment Overview
Prime opportunity to secure a prestigious office investment in a sought-after Dublin location. The property spans 44,735 square feet and is located in Dublin's Central Business District. The office building is currently leased to a diverse group of tenants, including Medtronic and MetLife, which provides a stable income with a weighted average unexpired lease term (WAULT) of about three years. The deal is expected to yield a net initial return of 8.07%, which translates to €592 per square foot, after acquisition costs, it added.
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