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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.

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Hibernia Reit acquires Forum building in IFSC

Hibernia REIT has announced a deal to buy The Forum building in Dublin’s IFSC from an affiliate of Atlas Capital Group for a price of €37.8m in an off-market transaction.

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Microsoft to build Mega HQ in Leopardstown subject to levy

Us computer giant Microsoft has been granted permission to build new headquarters in Leopardstown in Dublin to accommodate up to 2,000 staff, subject to €8m council levy.

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€6m for Grade A North Park offices in Dublin 11

Agents Katie Williams and Rod Nowlan of Bannon are guiding €6.2 million for an office investment at the entrance to the North Park on the North Road in Dublin 11 which will show a return of 8 per cent with an opportunity to better that figure on letting vacant space and completing rent reviews.