INVESTMENT HIGHLIGHTS
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HIGH-QUALITY LANDMARK BUILDING
Extending to 116,191 sq ft (10,795 sq m)1 of Grade A office accommodation.
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OPTIMAL FLOOR PLATE CONFIGURATION
The building provides typical 5,200 sq ft – 10,500 sq ft floor plates, in line with peak active demand3.
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PROVEN AND ROBUST RENTAL TONE
Average passing rent of approximately €58 per sq ft (excluding cars)4.
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EXCELLENT CAR PARKING RATIO
Two-level basement car park including 86 car parking spaces, providing a strong car parking ratio (1 space per 1,351 sq ft).
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COMBINED RENT ROLL OF €7.1M PER ANNUM2
Income is secured by an excellent tenant line-up including Macquarie Aviation Capital, Alkermes, CBRE and Biohaven.
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EXCELLENT CONNECTIVITY
The Luas, DART and Dublin Bus are all situated within close proximity.
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ASSET MANAGEMENT OPPORTUNITIES
Including the execution of a sustainability pathway to achieve a BER B1 rating with minimal disruption to tenants and additional route to BER A3 with likely facade works required (subject to further investigation)5.
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FREEHOLD EQUIVALENT TITLE
(freehold and long leasehold)
1 Includes gym spaces, areas as per Murphys Surveys Measurement Report, 2 As of April 2024, 3 JLL
Research, 4 Car spaces assumed at €4,000 per space for analysis, 5 Axiseng Pathway Report, April 2024.
