Savills and Owen Reilly have today announced the sale of The Benson Building at 76 Sir John Rogerson’s Quay, Dublin on behalf of Targeted Investment Opportunities (TIO).
 
The property is situated in the heart of the Grand Canal Dock and comprises a premium residential development of 72 units, forming part of the wider TIO office scheme at 76 Sir John Rogerson’s Quay –  currently being constructed by Bennett Construction.

The joint selling agents are guiding €52.5m for The Benson Building, which is due for completion in the first quarter of 2020. The current estimated rental value (ERV) is approx. €2.9m per annum. 
 
The 11-storey over basement building will offer 72 premium residential until finished to exacting standards, 2 ground floor commercial retail units, a private residents’ recreation room suitable for use as a gym or recreational space, a concierge foyer and secure underground parking for 72 cars.
 
Source: www.businessworld.ie