This will involve a €4m investment by Sheeran and the watch manufacturers for units covering more than 7,000 sq. Grafton Street, Dublin 2 Paul Sheeran Jewellers has agreed a deal with investment group Hines to lease the entire ground floor of a new Chatham & King development off Grafton Street, where he plans to sell watches from some of the biggest luxury watch brands. ft., primarily comprising retail, ancillary stores, staff accommodation and plant rooms. at ground and second floor level with additional storage on the third floor. As part of this sale, there is an existing licence with Zara which has traded on the site since 2003. The Henry Street building comprises four-storeys over a basement directly opposite the Arnotts department store.
Both properties have remained empty since Debenhams shut the stores in May 2020. Receivers Grant Thornton were appointed by Bank of Ireland earlier this year to oversee the sale of the properties, and property group Cushman & Wakefield has now been appointed as agent for the sales. The Irish Times, 15 th Augustĭebenhams Stores, Cork and Dublin Two buildings in Dublin and Cork previously occupied by British retail giant Debenhams are now on the market for a combined €75m. of office space remains available in the building. The former Ballymoss House was redeveloped into The Hive by developer U+I and partners Colony Capital, with the project completed in 2019. The letting, by HWBC to the Irish software company, includes an option to expand. of Sandyford office building The Hive, in what is the second-largest office letting in the Dublin suburbs this year. Sandyford, Dublin 18 Cubic Telecom has taken out a long-term lease for c. The average passing rent of the building is €47 per sq. Pfizer didn’t exercise a recent break option, committing to another 10 years. seven years to breaks and a little less than 10 years to expiry.
Watermarque hotel kerry upgrade#
Blackstone, after acquiring the property through the purchase of Starwood’s €535m Cedar portfolio, invested significant capex to upgrade the asset.
CBRE had been instructed to sell the Watermarque building by Blackstone, which is 80% leased to Google and Pfizer but also home to Unipol and News UK, off a circa €100m guide price. French investor Corum Asset Management has agreed a deal to buy the Watermarque, a fully leased 107,500 sq. Ringsend, Dublin 2 Blackstone has secured a €90m+ sale of an office in Dublin that is home to Google and Pfizer.
Watermarque hotel kerry update#
This update is designed to provide you with a full recap of the latest property news from the media over the last seven days. Welcome to the Origin Capital Weekly Irish Property Review.
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