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DCC gives go-ahead for multi-million euro docklands development

The first of the fast-track developments planned for Dublin’s docklands has been given the go ahead by the city council. The planning permission for the site on Sir John Rogerson’s Quay will involve 58 apartments and 9,000 square metres of office space.

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DAA begins €10m office development at Dublin airport

Dublin Airport Authority is to spend an estimated €10 million on the redevelopment of the former Aer Lingus head office at the airport. The six-storey over basement building with a floor area of 8,300 sq.m (89,400 sq.ft) will in future be known as One, Dublin Airport Central.

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Starwood acquires Lone Star’s Dublin office pool for €350m

Starwood Property Trust has acquired a portfolio of stabilised offices in Dublin from Lone Star for €350m, in the firm’s first equity investment in Ireland and also the first by a major US REIT in Dublin, reflecting a net initial yield of circa 5.6%.

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SW3 expands Dublin portfolio with two new office buildings

London-based SW3 Capital acquires two Dublin offices, the Dublin Business School on Aungier Street for €10m and J5 Plaza in North Park for €5.6m. David Carroll of Bannon handled the negotiations for the vendor.

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IFSC office block sells for €37.85m

Ardstone Capital, the private investment manager, and CBRE Global Investment Partners, have bought 2 Harbourmaster Place for €37.85 million in a deal that will show a net initial yield of 5.4 per cent.

Ardstone was advised by the Bannon agency while JLL acted for Irish Life

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Central Bank’s new €140m headquarters Project

The Central Bank is expected to submit a planning application for its new headquarters which will be built on the Dublin Docklands site once earmarked as a head office for the former Anglo Irish Bank, which will cost an estimated €140 million, reports the Irish Times.

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Google in talks to buy historic Boland’s Mill site

Google is understood to be in discussions to buy the historic Boland’s Mills site in Dublin’s Docklands.

The landmark building, which was at the centre of fighting during the 1916 Easter Rising, is controlled by Nama. The Boland’s Mill site was bought by developer Sean Kelly for €42m during the boom, with plans to build apartments, offices and retail unit on the 1.7-acre site. Treasury Holdings owned adjacent sites to the mills.

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NAMA to bring five major portfolios of Irish property to the market in Q4 2014

The National Asset Management Agency (NAMA) has announced that it will bring five Irish property portfolios, with a combined value of approximately €600m, to the market in Q4 2014. The portfolios will comprise offices, shopping centres, hotels and apartments. This announcement is in line with NAMA’s publicly stated intention to bring property portfolio sales with a minimum value of €250m to the market each quarter.

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Facebook to double its office size in Dublin Docklands

The social media giant, Facebook is doubling the size of its European headquarters in the Dublin Docklands with an adjoining office to take its total space up to 250,000 sq.ft. The deal includes the standard landlord fit-out including ceilings, floors, light fittings and air conditioning.

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Upper floor accommodation to let on Middle Abbey Street, Dublin 1

Recently refurbished upper floor accommodation to let on Middle Abbey Street.
Extending to net internal area of 127 sq.m (1,367 sq.ft).

Excellent high profile location.