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Dublin Two building on the market for €45m

Written by Robert McHugh, on 30th Sep 2016. Posted in Ireland

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It was announced yesterday that on the instructions of ACCLM/Rabobank, Knight Frank has been appointed to offer its headquarter office building in Charlemont Exchange, Charlemont Place, Dublin 2 for sale by Private Treaty. 

Current staff will be relocated to existing Rabobank offices in the IFSC following ACCLM’s recent completion of the outsourcing of its loan book to Capita.
 
The property has a guide price of €45m and has immediate access to transport links are located immediately outside the buildings which include Charlemont Luas Terminal, Dublin Bikes and Taxi facilities.  
 
Declan O’Reilly of Knight Frank commented, "Given the shortage of supply in Dublin 2 of ready-to-go opportunities it is likely that the property will appeal to both owner occupiers and developers looking to refurbish / extend the building without the planning risks associated with a standard brown field opportunity."

He added, "With the much published positive impact that Brexit is likely to have on the Dublin office market the former HQ building could be ideally placed to cater for new entrants that will require accommodation quickly. The buildings prominent corner position will undoubtedly heighten any occupier’s corporate profile."
 
Source: www.businessworld.ie 

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